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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Rambi who wrote (17166)10/29/1998 1:47:00 PM
From: Electric   of 42787
 
penni,

I have been saying these same thing without the pay for a few weeks, but as long as the market thinks there are more cuts to come, and fund mgrs have to get their money working, I bet we keep going up.

Who knows when it will catch up, but the mean always comes around at some point, this is no different. The P/E ratios on the big caps cannot continue unless earnings are there to keep it going, and for the most part that included only a small section of the larger names.

For now, we will watch the madness and have to do our best to predict when the house of cards will collapse?

I am not extending myself by any means, playing it safe.

(This recommendation is from a crazy person, I would not suggest following a thing the author says to do :>} )
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