Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: MulhollandDrive who wrote (6301)	4/6/1998 2:32:00 PM
From: Oeconomicus	Read Replies (1) of 18691

All, just heard on CNBC that IBES is now saying that consensus estimates for the market (didn't catch whether they meant S&P 500 or all stocks in the IBES database) are now showing NEGATIVE GROWTH for the first quarter (First time since Q4 '91). So, now PEs expand without the market going up. Anybody feel like they are standing on top of a big air pocket - soon to be a sinkhole? Bob

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