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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Boplicity who wrote (5343)	10/3/2000 8:09:05 PM
From: limtex	Read Replies (1) \| Respond to of 65232

GM - Is the market overvalued or what? Well on any historic basis P/E's over 20 are high. P/E's over 30 are very high. So mediocre falls to be say 15-18. Now that being the case and this being the biggest crash in the history of the NAZ where do you think the NAZ will bottom? Best regards, L

To: Boplicity who wrote (5343)	10/3/2000 8:47:15 PM
From: Voltaire	Read Replies (2) \| Respond to of 65232

A tired V and a summary: Greg you are almost correct but not quite. Real disappointed in the Fed not taking a neutral stance. This is extremely critical for the Houses because it just means they now have to move this market on their own without the Psychological help they needed from the Fed. This market will move and we will now see more signs from the Houses. I feel you are correct about retail investor having a bit more control of the market up until now. THAT IS ABOUT TO CHANGE. Watch what the Houses begin saying now. See ya at 5000. Came in second in tournament but one whipped pup. An all day affair. Vster