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Strategies & Market Trends : Steve's Channelling Thread

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To: Zeev Hed who wrote (12483)3/12/2001 5:41:12 PM
From: Sabrejet  Read Replies (1) of 30051
 
Zeev, what I get a kick out of is the fact that EVERYONE is talking 1800-1850. Now if one thinks about this, that means everyone will be buying at that time. That's not possible! I just heard Bernstein from Merrill saying basically, that tech is history, in essence. Where do these guys come from. This isn't a revolution in the market place. And how about the quote earlier that PE's don't matter anymore because no one has any future clue! Like what people were saying on the way up! Doesn't that sound like a bottom???

Now, NAZ 2000 on the way down is not relevant. I said that earlier and indeed is that another sign of a bottom? Sorta like 6000 is a given...

The signs are out there but everyone's looking for the same thing. And what have we learned from that before???? The obvious is not what the market is known for!!

This post may be quite funny a week from now!! HA!!

Sabre!
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