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Strategies & Market Trends : Trading the SPOOs with Patrick Slevin! -- Ignore unavailable to you. Want to Upgrade?


To: Jerry Olson who wrote (5961)7/18/2000 9:18:09 AM
From: Gersh Avery  Read Replies (1) | Respond to of 7434
 
OK how about foreign investment cash flow?

Does that have an impact?



To: Jerry Olson who wrote (5961)7/18/2000 9:28:16 AM
From: Gersh Avery  Read Replies (1) | Respond to of 7434
 
OK OJ ..

When you talk about solid earnings, you have joined the camp of the FA folks. But you can't do that 'cause then you gotta start thinking about P/E ratios and stuff like that.

Higher earnings justify higher stock prices ..

Dude .. these kind of things are just sales props to be able to sell stock. All that really matters is how much money there is to throw at stocks, and how much of it can be talked into the market. That's the real FA ..