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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 695.59+0.4%4:00 PM EST

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To: bobby beara who wrote (36159)12/29/1999 1:23:00 PM
From: pater tenebrarum  Read Replies (1) of 99985
 
Bobby, i called MO a screaming buy on the myth thread this morning...i only fear that a popping of the bubble segment will lead to even lower prices for the low priced stocks. p/e's of 3 or 4 are not out of the question...
otoh, my expectation is that there will be a rotation from the over- into the undervalued sectors early next year first.

hb
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