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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (28346)9/19/1998 9:03:00 AM
From: Tom M  Read Replies (1) of 94695
 
I don't know about a 3rd gapped up Monday in a row Bill, seems like a perfect day to start a major downleg to me with the internet brought to a crawl via web sites showing the whole video online:

exchange2000.com

I could see the worst online trading performance since last Oct 27/28 on this Monday if all those web sites are bombing the web with video for days. Would be a good day to delay the little guy's exit, thus making them sell a day later at lower prices, sending prices down etc.
I just don't believe the slowdown of the next few Q's is discounted in the bloated P/E's of the index supporters. Even if they could hold the prices where they are, with earnings projected to decrease the next few Q's, the P/E's will INCREASE from their historic highs as we move forward. Oh, there I go with that FA again <g>

headed for the beach,
regards,
Tom

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