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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Wally Mastroly who wrote (4039)3/23/1999 9:11:00 AM
From: Wally Mastroly  Read Replies (2) of 15132
 
Just thinking out loud..

I wonder if DOW 10,000 is becoming a "ceiling " for the whole market?

- due to high valuations... Or as MrGreenjeans has said: "S & P has been unable to get above 25x earnings"

We are in "warning" season. An earnings warning by a couple of big stocks could inject a little more fear to an already nervous market. (Of course, one could point to the warning season factor almost every quarter lately....)

Do I smell possible buying opportunity on the horizon? Or maybe it's just wishful thinking for someone looking for a few bargains?????
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