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Strategies & Market Trends : Sharck Soup
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To: velociraptor_ who wrote (13374)3/27/2001 9:20:41 AM
From: mish5000   of 37746
 
The Futures are definitely being manipulated. For 2 days in a row now, they have been up pretty strong and stayed there for hours on end with little or no price fluctuation. Someone is determined to sucker the masses into buying stocks. All these calls of a market bottom are making me sick....IMO we have not seen the bottom, and will not do until companies that

1) trade with NO EARNINGS are trading at a fraction of the prices that people are willing to pay for them today.

2) The myth of the P/E/G is put death. How can analysts put price targets on stocks based on P/E ratios that are based on company performance 3 years down the line?? It makes me sick especially as the economy is coming to a stand still.

Will continue to hold long term shorts until people wake up.
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