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Strategies & Market Trends : Action & Options- Taxikid plays

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To: Blue On Black who wrote (3789)2/17/1998 12:21:00 PM
From: Druss  Read Replies (1) of 4339
 
Lee--The Friday the 13th market crash fizzled. (sigh)
It seems we will never get to bottom fish. I am becoming resigned to a perpetual bull market. I am working on a formula for evaluating stock fundamentals. It is based on Y2K math. It will take a number and divide that into the P/E, Price to Book, and PSR while at the same time multiply it to the earnings and revenue. It is so people like me who shudder at current fundamentals can apply it and then say "These are good numbers," and calmly invest.
Not too much in the way of movement for me. I stayed out of WDRY and am now watching it climb, currently just long.
All the Best
Druss
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