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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Sergio H who wrote (20329)	6/19/2000 11:21:00 AM
From: James Strauss	Respond to of 29382

Good points Sergio... Here is a chart of GE vs The S&P-500: chart.bigcharts.com GE is up over 40% since last June while the S&P-500 is up a little over 10%... So, while the FED raised rates 6 times, GE kept climbing... Now that we are about to see an end to rate hikes, GE should do very well... While I agree that traditional fundamental relationships may point to fairly valued to over valued, GE should continue to receive higher price multiples based on its first class management team and well diversified portfolio of Finance, Media, and Technology companies... With that said, its relative strength has been on the neutral to weak side for the past month but has been rising the past week... I'm very skeptical of those analysts on CNBC advising caution right before the end of the rate hikes... Either they're trying to cool the market before the fed acts, and or keep prices down for gradual institutional accumulation... I'm glad to see that 70% to 80% of the current buying is retail at this time... This means that the little guy will get better prices before the horde of institutions start piling in in the coming weeks... The internet has helped level the playing field... As for Janus... I agree completely... As long as they retain their excellent team of fund managers, and their approach to stock selection, they'll continue to outperform most fund families... Jim