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Pastimes : Trading the markets.....

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To: Mephisto who wrote (2054)12/18/2000 6:11:38 AM
From: William H Huebl  Read Replies (1) of 4583
 
I am not surprised, but for none of the reasons you mentioned...

This market keeps giving off sell-signals and I think there is a large population out there who have been burned enough to question the suitability of buying stocks with 150 PEs based on forward earnings... not in the least that their technical charts look terrible also!

So even though we have upwards of a trillion dollars waiting on the sidelines... let's not make the same mistake twice by believing any pop is more than just that!
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