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Strategies & Market Trends : IPO and Other Stock Plays

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From: yossarian675/19/2005 2:05:06 PM
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thing with this market right now is if it decides the fed is done, there's a bunch of newer issue out there with nice growth rates(assuming in some cases the fed doesn't raise us into a recession) and teens forward pe: ctrn/gfig/rail(single digits)/prai/sma and quite a few more---there's a lot of room for stuff to go too if the market is going to be okay...up to the fed here, economy is no doubt slowing a bit, 10 year is flashing 'no real inflation', will the fed power thru with the foot on the pedal? if they do it's going to get very ugly, very. I mean 10/00, post 9/11 and summer '02 ugly...I hope there's some retraint shown. think it's 50/50 at this point, fact that this eocnomic data other than jobs is lackluster helps quite a bit.
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