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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: LTK007 who wrote (52583)4/18/2002 9:16:07 AM
From: t2   of 99280
 
max, thanks.
SEBL seems to be moving higher. It looks like stocks that get beaten up ahead of earnings tend to get a small move higher after.

Have to make a note of the software sector that has been hammered this year. Might be worth trading a few long here is my approach right now..as long as they don't have have huge PEs. In this environment market might tolerate PEs of 20 to 35 for a little while..even if no growth seen this summer.

jmho
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