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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: swisstrader who wrote (96371)4/13/2000 4:19:00 PM
From: westpacific  Read Replies (3) of 108040
 
Swiss - not so sure, we could see anywhere from 700 to 1000 pts. further from here. God I hope not - but with what I have witnessed in the past month, anything could happen here.

Did you hear the Greenspan speech. Some bigwigs in Washington are questioning the FEDs action and feel they are targeting the stock market. If we go further, I know the FED will feel the heat from those they report to!

They say we are almost there, but the DOW is still very overvalued and many large cap. techs. still have massive PEs from an historical prespective. Also the lock up issue is still playing out. Many factors play in to my caution!
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