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Strategies & Market Trends : SELL??? Contrarian indicators in the market
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To: Stingray who wrote (17)3/17/1997 4:51:00 PM
From: White Shoes   of 19
 
Thanks for your comments, Stingray.

I like the focus of the thread called "Waiting for the Big Kahuna" ... you might check it out.

Interesting you comment on buying at the year low. I just bought more Ciprico (CPCI) today at the 52-week low (closed today at 11 3/8, high for the year 28). They make RAID disk storage and are a high growth company with a P/E of 14.

While the market appears to be overvalued, some of the small caps and micro-caps--particularly ones with good earnings, have been getting hammered unjustly.
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