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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: DAY TRADER who wrote (32389)11/5/1999 11:41:00 AM
From: pater tenebrarum  Read Replies (3) | Respond to of 99985
 
DT, <<a bit frothy>>???? you have a gift for understatement...

today on CNBC various analysts were falling over themselves to assert that p/e expansion can go on indefinitely in the new era, that a long unstoppable boom lies ahead, and they were laughing about 'the last two bears leaving Wall Street'.

don't you believe them? <ggg>

even the Fed's McTeer has joined the 'new era' chorus from what i hear....

regards,

hb