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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: kendall harmon who wrote (16255)	6/17/1999 8:02:00 PM
From: Trader J	Read Replies (1) \| Respond to of 56535

Kendall: BBC - I have to agree with Dave on this one. Looking at the chart, who knows where the bottom is. I certainly wouldn't risk more downside for a 1/4 of a point. P/E is still high even with the 20% decline today. But who knows, may have been a bit of an overreaction to the news. I would expect it to go lower before recovering though. Good luck, it is in new territory now so maybe it will find a bottom here. Tj