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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject	5/16/2001 3:25:33 PM
From: Electric	Read Replies (2) of 37746

This rally is nasty..what really ticks me off about it is now we are looking out 6-9 months, and we did so in a matter of hours, with no backing of companies saying things are better.. So now our lowered E in the P/E ratio makes the dow look like a NAZ flavoured ratio.. We cannot go much further in the short term, so if you are long, protect those gains, they can be lost in a few days..It is nice to see some bulls getting those losses back, I would rather see it over 2-3 months after we get earnings confirmations rather than in 1 day... CNBC sure is happy...lol

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