Replies to post #145839 on Zeev's Turnips Patch-No Politics (ZEEV)

[michael03332002]

I know this probably doesnt matter to most, but the last time we were at 2000, what was the avg P/E ratio? Or does it not matter in terms of relationship to past data?

In other words, is it the NUMBER 2000 that is important or the value of the current stocks in relation to their earnings and the 2000? There is now way in heck I am trying to argue this trend, just trying to figure out WHY and before jumping on the long train for good and not look back, I need to somehow convince myself there is more upside to this and why would more buyers keep buying at future higher prices inorder for me to profit other than just a Naz Number we are shooting for...

thanks for the return reply and good luck to you

M

[TJ Parker]

You can only define a emerging bull market after the fact.

this isn't entirely true, you know. in dec 01, after reading lots of folks (like roach) and lots of gold bulls, i was convinced of their reasons for predicting the beginning of a gold bull market, and started investing. pulled out a bit the following march (after the fast runup), but then continued dip buying since then.

as someone else has pointed out, this strategy (which is in my "longterm portfolio" beat all the in's and out's in tech, and all the false starts, and all of the daily babysitting. and probably also beat it on a percentage basis as well (hui from 30's to 190's).

actually, it feels more like "investing" too.

anyway, its the liquidity, d00d.

[Babylon]

Did you ever remember what you were trying to say here regarding the expected sell off as far as the time frame was concerned?: #msg-1343227