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To: MythMan who wrote (75636)11/16/1999 1:36:00 PM
From: yard_man  Read Replies (1) | Respond to of 86076
 
oh, yeah ... the ominous finger formation. I've seen that chart formation before ... many times.



To: MythMan who wrote (75636)11/16/1999 1:39:00 PM
From: Lucretius  Respond to of 86076
 
MER is still sitting at 2ndry high to its all-time 2ndry high. that's the signal w/ MER. the s-t term stuff will trakc w/ the mkt



To: MythMan who wrote (75636)11/16/1999 1:39:00 PM
From: yard_man  Read Replies (1) | Respond to of 86076
 
I found this mildly humorous

gold-eagle.com

>>To the question what are your favorite examples of good investments in American public companies he replied, Amazon.com, Amazon.com and Amazon.com. To the suggestion that these might be the same company he replied: "no they were different- he had all of them bookmarked seperately". <<



To: MythMan who wrote (75636)11/16/1999 2:33:00 PM
From: Imuah  Read Replies (1) | Respond to of 86076
 
MM

SOX is losing steam, no doubt. I did a quick calc on the p/e of the index. it's trading at about 40 times next years earnings. Just a simple addition of the projected p/e's divided by 16. The last 2 or 3 days, it has been the weakest of the major indexes. It's getting a good bounce from it's lows as I write.