John Pitera's Market Laboratory Message Board

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Strategies & Market Trends : John Pitera's Market Laboratory

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To: GROUND ZERO™ who wrote (897)	4/11/2000 3:14:00 PM
From: John Pitera	Read Replies (2) of 33421

Hi GZ, the SPX is really hovering around the 1500 level. There are a number of high flying stocks that are working at creating potential double bottoms but that is anecdotal at best. Boy, CSCO is at 70, with the 200 dma at 48 and a trailing P/E of 184. It has a market cap of 461 billion to boot. that stock is weakening a bit in the past 2 days. GE is pretty unbelievable up here near it's all time high. John

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