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

To: fedhead who wrote (41374)2/25/2000 6:52:00 PM
From: Eric Maggard  Read Replies (2) | Respond to of 99985
 
And yet I find leading stocks breaking out of bases into new highs. Look at PUMA, BVSN, ARBA, PHCM, CRA etc.

I looked at the stocks that you listed, and yes they do look good. But, I also looked at the earnings, and only one had any earnings. Its PE was over 1000. The stocks that you point out show me what this market is all about. It does not care about earnings, valuations, only stocks that are going up, and parabolic at that.

Eric



To: fedhead who wrote (41374)2/25/2000 8:08:00 PM
From: Les H  Respond to of 99985
 
You also find that the IBD Weekend Review has been shrinking steadily since early January.



To: fedhead who wrote (41374)2/25/2000 9:17:00 PM
From: Gersh Avery  Respond to of 99985
 
This may seem odd ..

But those "leading" stocks that you listed .. well .. I have no idea who any of them are ..

I could look them up .. but just the fact that I have no idea and someone out there would call them "leading" scares me ..

As far as "leading" goes .. how 'bout them MSFT and GE<G>


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