RE: My two centsYou may be right. I know the Nasdaq is bad. I wasn't saying it hasn't been bad.
I know--- I'm getting killed. However, I think it is coming to an end. I just read an article that shows that September is always bad. And once we get through mid October there will be money coming back in. Also, Mutual Funds with October year-ends are selling losers for tax reasons making things worse. At the end of October things will pick up. The period from November to May averages returns of 13% over last 70 years.
By the way Duncan Stewart doesn't buy high pe stocks or companies with no earnings. I have done well with his picks such as digital processing.
Apple has pe of 11, Dell 30, and Intel 30. So they are no longer overvalued. Nortel may be but there are some good values out there. It's not like last April.
Here's the article.
https://www.investorsuniverse.com/stock_quotes/default.asp