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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures

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To: John Pitera who wrote (11746)6/7/2007 12:49:25 PM
From: Lazarus_Long   of 12411
 
It's looking more significant by the moment. :-)

stockcharts.com
2 3/4 months; up 200 points.

AAPL is the poster child for a very overextended stock that is getting ready to come back down into earth orbit.
stockcharts.com
I'm sure Jobs is happy, but that sucker's sick!
finance.yahoo.com
Trailing P/E of 40; forward (based on guesses, of course) of 31.

Another nutcase:
stockcharts.com
That's a new high.
finance.yahoo.com
Trailing P/E of 45.

(I'm basing my equity market call primarily on what I am seeing in the currency markets.... we'll see how it all pans out)
quotes.ino.com
Coming off a 81 1/2 low; could double-bottom it.

quotes.ino.com
stockcharts.com
stockcharts.com
Lowest in 2 1/4 years. A low dollar helps exports and some industries, but causes an increase in ra-material prices in others and can cause domestic inflation. Then the Fed raises.
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