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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 660.19-0.8%4:00 PM EST

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To: fedhead who wrote (41374)2/25/2000 6:52:00 PM
From: Eric Maggard  Read Replies (2) of 99985
 
And yet I find leading stocks breaking out of bases into new highs. Look at PUMA, BVSN, ARBA, PHCM, CRA etc.

I looked at the stocks that you listed, and yes they do look good. But, I also looked at the earnings, and only one had any earnings. Its PE was over 1000. The stocks that you point out show me what this market is all about. It does not care about earnings, valuations, only stocks that are going up, and parabolic at that.

Eric
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