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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sal D who wrote (5050)	5/22/1998 9:32:00 PM
From: Ditchdigger	Read Replies (2) of 29382

Joe,IMO,the answer lies in one question. What is the average PE ratio of the DOW listed stocks? What has it been historically? (I lied,2 questions<g>) DD PS: It's interesting to look at the Z stock standings(the stocks),gives a good indication of micro/small/mid cap performance recently,it has gone to sh*t,speaking on an averaged basis...One strong point,European markets have been kicking butt,even with the Dow and Naz lagging.IMO,those overseas markets are going to get whacked Monday(Sunday night) or Tuesday(Monday night)(screwy week with closed US markets on Monday)...we'll see.. PSS: everyone enjoy the holiday weekend,unfortunately I have to work through it.The market as a whole is way overvalued,IMO..

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