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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 691.66-0.1%Jan 16 4:00 PM EST

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To: drsvelte who wrote (28460)9/26/2000 7:56:30 PM
From: Return to Sender  Read Replies (1) of 69866
 
Sounds good to me... The Telecom Sector has been hammered. In March we could not have hardly found a profitable company in the DSL group selling at anything other than nosebleed P/E's but people bought them believing they at least had a company with good fundamentals. Now?

They are incredible buys but seemingly we will need much more patience before we see those nosebleed P/E's return.

Thanks again! RTS
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