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S&P 500
5,633.91
(
1.02%
)
US TECH 100
20,107.60
(
0.99%
)
Dow Jones
39,721.36
(
1.09%
)
Brent Oil
85.30
(
0.29%
)
Bitcoin
58,003.97
(
0.43%
)
Post# of 148479
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jdaasoc

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jdaasoc

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Re: ajtj99 post# 66382

Tuesday, 12/06/2005 1:35:27 PM

Tuesday, December 06, 2005 1:35:27 PM

Post# of 148479
What is going to lead us to S&P valuations closer to those seen in 1999-2000.

Based upon what has got us here since, it is not going to be SOX NWX and HHI which are still off 67% or more from bubble peaks. CSCO, YHOO and INTC not going to double in price anytime soon.

BKX and Energy sectors are beyond and way beyond their 1999-2000 levels respectively and are likely to preform at least as well as overall averages.

I think BTK index is going to be more dependable out preformer and still has another 100 pts to go to reach 2000 levels. I thinking AMGN is one of it's major proxies and think it will pop out of it's 80-85 range soon.
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