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Pastimes : How to best deal with KOOKS at this web site

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To: Iceberg who wrote (956)	7/25/1997 11:57:00 AM
From: Gottfried	of 1894

Ice, >I don't understand the market right now. < When you DO understand it, I hope you'll share with us.<g> I've put the garage door to rest. (Aliens, of course) How about some trading? I've noticed ESV, one of my long term investments - dips regularly. Have not traded it, but it always comes back up. And the drilling industry outlook - especially offshore - is good. They're in Dallas. WMAR is now down-ranked to 5 (lowest) by Zacks. I'm observing closely. The stock was briefly under 16 and is now above 20. I suspect Zacks' signals are late and can be ignored. No other stock I track ever had a 5. Earnings estimates are down, but the low was 25 before (resistance), so even with the estimate decrease, PE is more reasonable now. Did you know Warren Buffett invested his paper route money in stocks when he was in the low teens? Just like our 13-year old on the IOM thread.<G> GM

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