SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Stock Attack II - A Complete Analysis

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: donald sew who wrote (6758)5/2/2001 2:31:56 PM
From: Haim R. Branisteanu  Read Replies (1) of 52237
 
Donald many market participants take the Social Security Funds as a given and run ahead in anticipation of a positive comity decision by several months.

Comparing this market to last years levels we are at the same insanity as before if one will compare fundamentals.

As an example PCLN has proven a losing money business model and it trades as if they are earning 50 cent a year, after all they are a cyclical business. EBAY more than doubled with in a month after proving that they may be marginally profitable. SUNW, JDSU or CSCO earns like a grocers 2% of sales but trades at 60 times earnings ....... and the list goes on. Sector rotation is so fast that one can barrely follow. Retail, Gambling, Energy and Treasury bonds were the in thing now they are out the window.

As I posted on the Clown tread momentum, short interest, sentiment and manipulation rule, P/E cash flow or even discounted earnings or earnings growth are useless to use.

Conclusion the US stock market remained a momentum and day trader market manipulated by WS and the this administration as it was last year with another party in power.

BWDIK
Haim
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext