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Strategies & Market Trends : The Millennium Crash

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To: bobby beara who wrote (2234)	2/18/1998 11:22:00 AM
From: Arik T.G.	Read Replies (5) of 5676

BB, Gold- Oui monsiour ! ABX or index or the metal itself like Warren B. Blow off- For 6 months SEA and other bad news were good only to keep the market from going higher. Now the market IS higher and ready to ignore ALL bad news. I look at the multinationals - GE KO PG (with lukewarm report) - and arrive at the conclusion there's nothing in the technicals to keep them from going higher. Only common sense which was lost a year ago never to be found again. Price/Book of KO and MRK looks more like a P/E number, and P/Es look like alien technology. Flowers to Aljarnoun was a short story that was turned into a novella and a play (maybe a film, too) called Charley. It's about a moron that turns into a genius in a SF experiment, and then back. Aljarnoun is a white mouse going thru the same experiment. Charley is the guy. The original story was written in the late '50s I think, a SF short story. ATG

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