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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (50195)2/16/2001 6:48:14 AM
From: Skeet Shipman  Read Replies (1) of 94695
 
Hi Bill,
Failed rallies till tech investors are buying bank CD's, isn't that the definition of a bear market? What concerns me is the market's belief the old economy stocks are immune from the slowdown. I guess your right. - It will take a long time for this market to bottom. How far do you think PE's will contract?
(Yesterday's Put/Call Ratio: .64)
Skeet
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