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Strategies & Market Trends : Wall Street Analysts

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To: Patsy Collins who started this subject3/6/2002 10:47:48 AM
From: Patsy Collins   of 167
 
Just heard Jeffrey Kleintop of PNC Advisors on CNBC.

This chief of something at PNC said we need to retest Sept 2001 lows before any real bull market can begin. But we should be buying stocks like ITW right now. BTW, ITW is trading at a 125 PE. And this guy claims techs are overvalued.

While he appears sincere, and seems to be saying all the right things, "techs are not there yet with earnings, cyclicals are better bets in a recovery, blah blah blah....
He just sounds like the CNBC daily recap. Nothing there (in his head, and out of his mouth) that's special....

10550.70 DJI
1865.48 OTC
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