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To: GST who wrote (63798)6/22/1999 2:51:00 PM
From: Sarmad Y. Hermiz  Respond to of 164684
 
GST,

>> If there is any one thing that is clear, it is the relationship between high pe or ps stocks and interest rate TRENDS.

Thanks for the patient explanation. I hope we get no more than three rate hikes.

But on to something more fun. If you like to make money from the skeptical side, you have to look at shorting (or put-ing) eBay. Today I shorted it twice at 158, and bought at 156 and 155.

Now waiting for the ski-lift to go up the hill, again.