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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts
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To: Jorj X Mckie who wrote (55713)10/10/2000 5:43:54 PM
From: John Pitera  Read Replies (1) of 63513
 
I sure Gary's right, he comes up with some great insights.

I've made lots of money listening to Gary. I've haven't
kept up with his thinking recently due to the lack of
SI time I've experienced.

I just called up CSCO's forward PE on Wall street City and
am seeing a 54, WOW Unless we get the mideast war, we
should be getting close....very close.

CSCO has done a very nice 5 waves down from it's Sept
B wave High, and the whole pattern since the alltime high
of 82 back in early march looks very close to completion.

Now who knows if a real panic sets in and it spends a half
a day going down toward 40.

I myself seem to remember a 44 number as being the
buy point on oct 8th of 1998, I guess I'll need to figure
out how many splits CSCO has so that I can see what the
actual number was, not that it has to be the magic
number again.

if we see 44 I think I'll be pounding the table. pricing
calls etc -g-

I guess a major war could alter my thinking but anyway.....
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