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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....
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To: Rashid Garuba who wrote (16649)5/28/2000 2:25:00 PM
From: Rashid Garuba  Read Replies (2) of 59879
 
Best quote from tradingmarkets.com:

"The market is an irrational creature that feeds off the emotions of fear and greed. One year, the P/E ratios are 15; another, 80. Cisco could sell at 148 times earnings last year and Yahoo at 400, but next year's P/Es might be 30. In the final analysis, it is the state of mind of the masses that determines the fundamentals, and not the other way around."

It is just a game where the players change rules as they go. Can think of no better map to use than Charts.
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