Forum Archive Index - April 2000

["nick" <acummin@es.co.nz>]

       I looked upon the correction as very positive, the nasdaq
was way to high. I was happy to see it drop even if my long term
nz stocks temporarily fell too.
      Now i cannot believe what is happening. It looks like the nasdaq
is having its two best days ever in terms of % gain.
 Maybe investors should of panicked!!.
     I was expecting investors to be to scared to dive back in, they are
either very foolish or last weeks correction was just a blip.
     However i cant believe the p.e ratios on the nasdaq can be justified,
and another big scare must be round the corner, surely?



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