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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 660.08-0.8%Nov 18 4:00 PM EST
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To: Monty Lenard who wrote (19721)7/8/1999 9:29:00 PM
From: Haim R. Branisteanu  Read Replies (3) of 99985
 
Monty I will still post but I am sick and tiered of all the BS that is going on. The higher they will push the market the worst it will be.

P/E of 40 is the norm now, so called growth companies have P/E of 80 to 100 not to mention those without a "E" with capitalization in the stratosfere.

I think that 80% if not more of the companies release false financial statements, use surpluses in the pension funds to increase earnings, at a time that they well know that those surpluses come from the stock market and not smart management. It is all a ponzi scheme and worst of all the Democrats and some Republicans are fully behind it.

I do remember wen AG spoke out they clobered him and I am sure he was told if he wants to keep his job should keep his mouth shut. Since AG got a new religion.

It is sad and I am wondering were to hide my hard earned money, brokerage houses or banks will not be able to deliver your saving if the bigee hits. They will all be insolvent, and you the small person will be left out in the cold and pay for irresponsible money manager (the usual scambag type that in previous generation sold Miracle Drugs or the nearby Town Bridge).

BWDIK
Haim
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