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Strategies & Market Trends : Waiting for the big Kahuna
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To: bobby beara who wrote (27376)9/12/1998 4:02:00 AM
From: BubbaFred  Read Replies (2) of 94695
 
Overall consensus in SI is still optimistic and there is too much groping for any excuse and reason for bottom or start of upmove. Are we too young to know or have we forgotten the days when a PE of 20 was huge, and the common PE's were 3 to 6? Have the words slowdown and contraction lost their meaning?, or are we blind to the continuing drop in bond yields? I guess this is great for trading the market for a few months longer.
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