Waiting for the big Kahuna Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: MythMan who wrote (13100)	1/12/1998 4:06:00 PM
From: Joan Osland Graffius	Read Replies (1) of 94695

Pete, >>GE at $40 would give it a trailing pe of about 17 which is not You are correct an average profit growth of around 15% is about what GE has been delivering over the recent past. With the dividend this is better than most mutual funds. People these days seem to be willing to pay for multipal year growth instead of waiting. It is like a cartel, who is going to get out first.<gg> A scenario of GE's price not moving for a few years certainly is possible. OK for those who bought prior to 1993.<gggg> BTW, I thought VIX was still on an uptrend after Fridays close, but I was wrong again. The momentum indicator dropping below zero a very disturbing. Historically this occurance has been death to a market. Generally a good leading indicator. It went below zero January 1987 and showed trouble until the big day. It went up above zero but not as strong as the market. A good demonstration that the run in 1987 was a bubble indead. Same with other haircuts during the 60's and 70's. As always time will tell. Joan

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next