Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Oracle Corporation (ORCL) -- Ignore unavailable to you. Want to Upgrade?

To: Myron Ervin who wrote (4984)	1/10/1998 7:34:00 PM
From: Brian Moore	Respond to of 19079

<< ...you state if it ever goes south you will be buying it, how much further south do you think it will go? >> I don't know. I just don't believe in the new era -- that from now on, the market can only go up. People say that historically, stocks have always tended to go up by an average of nine or ten percent. I forget where I read this, but someone also pointed out that historically, whenever P/E ratios have been as high as they are right now, it has never been a good time to stay in the market. I just don't see a huge upside potential in the market in the coming months, but do see potential problems. But that's just my opinion and from a look at the weekend papers, most of the big time advisors don't agree. Then again, I have not read the lead article in Barrons yet -- usually quite humorous and more to my way of thinking.