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Strategies & Market Trends : Steve's Channelling Thread

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To: Zeev Hed who wrote (12659)3/14/2001 8:11:01 AM
From: Sabrejet  Read Replies (2) of 30051
 
Zeev, no one warned. I can't find a thing. As a trader, this is probably the classic case of being lucky rather than good. Unfortunately, I am holding stock this morning! There was no one item I saw yesterday that confirmed we were opening with this type of move today. With that said, the NAZ pe is even higher now than when we were at 5000, but that is somewhat misleading. There are many stocks that are now back to norms, (circa 1994), as far as pe's but stocks such as YHOO, with basically no earnings and the many others, we are lead to believe the entire NAZ is worthless. Not the case.

BTW, since I've got the "farm" going, I may have to go out and get some cattle soon! It sounds like the "foot in mouth disease", aka, the "Blodgett Fungus", is becoming a concern!

Sabre!
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