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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG)
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To: neverenough who wrote (8336)10/18/1998 6:59:00 PM
From: gambler  Read Replies (1) of 44908
 
<OFF TOPIC>

"We are now on are way back to new highs," said Charles Blood, director of financial markets and economic analysis at Brown Brothers Harriman & Co. "The key thing to realize is we're past the worst. The market is not going to go up in a straight line, but the worst period is over."

This guy is completely lost. The worst is over, we are on our way back to new highs! What a joke! I guarantee the worst is not over. I guarantee we aren't going over 9300 on the DOW (not before we fall below 7000). This guy is in for a rude awakening.

I guess AG figured he would raise rates just for the hell of it a second time in less than a month. There is nothing wrong. I guess there aren't any American banks close to failure because of the collapsing dollar.

decisionpoint.com

I guess it doesn't matter that the PE of the S&P 500 remains at a lofty 27, when very few American companies will have a growth rate of 27%. That doesn't even take into consideration if we were to have a recession, which is very likely. So stocks valued at 27% growth rates in earnings will now have nearly 0% or negative earnings growth, would this leave the S&P 500 in a SEVERELY OVERVALUED STATE? YES!!!!

Get a clue Charles!

Gambler
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