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Strategies & Market Trends : Value Investing

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To: James Clarke who wrote (3897)	4/23/1998 10:01:00 PM
From: Ron Bower	Read Replies (1) of 78462

James, What I find interesting during the bearish posts to the thread is that the analysts are issuing a large amount of buy and strong buy upgrades and initiated coverages. Looks like it's 10,000 DOW and 2,000 NASDAQ by mid-summer. Anybody for average PE's of 40? Over the past 15 months I've been on the thread, when it stops posting stocks for consideration and gets bearish, it's usually an indicator that no one can find anything worth buying, the market is overpriced, and a correction is soon to come. I sold my US stocks and went to Asian during the tax selloff in December. Ron

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