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Politics : High Tolerance Plasticity

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To: jim_p who wrote (304)2/25/2001 5:56:58 PM
From: excardog  Read Replies (1) of 23153
 
jim

My way of thinking is the DOW has got to roll over pretty strong in the next 6 months or so. Until then I doubt we see any bottom to the market. How can IBM remain immune to any tech slowdown? Does GE remain unaffected and deserve a trailing pe of 40 or so as earnings estimates get revised downward?

Doesn't make any sense to me. Everybody still looking for a rally to sell into. As Big Bull points out no insider buying as yet. No real stock buy backs announced either other than SUNW last week. Just have to think we're a long distance from the bottom as yet.

But I've been known to be wrong before just ask my wife.

Best
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