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Strategies & Market Trends : The Covered Calls for Dummies Thread
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To: Uncle Frank who wrote (588)5/16/2001 10:30:29 PM
From: surfbaron  Read Replies (1) of 5205
 
Unc: I want to be dead wrong. I just don't see how anything has changed. I have been getting very uncomfortable with the Q's earnings over the last year. Remember when the stock was in the 160 range you had a forward PE of something like 200. Well we just ate a years worth of forward PE crapdust. This latest Chiner news gives relevance to a current stock price in the 60's. Nothing more until profits are announced in a blowout.
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