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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 683.47+0.6%Nov 28 4:00 PM EST

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To: Lee Lichterman III who wrote (1019)12/9/1998 8:51:00 AM
From: Monty Lenard  Read Replies (1) of 99985
 
"year but the street definitely seems to be valueing them on the rose tinted everything will get much better theme"

Well the problem with my program is that it does not know how to calculate forward looking PE's so I just have to settle on what the fact are. (If you are old enough to remember Joe Friday) :-))

And, some of them are so high I am afraid I may not be around when they finally justify the PE's they carry even based on the crystal ball guys expectations.

Monty
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