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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (55713)	10/10/2000 3:33:29 PM
From: Junkyardawg	Read Replies (1) \| Respond to of 63513

Well if the nasdaq continues to lose 100 points a day then in about 30 days the Nasdaq will be a -0-. Maybe just maybe then, they will get Greenspan out of office. dawg

To: Jorj X Mckie who wrote (55713)	10/10/2000 5:43:54 PM
From: John Pitera	Read Replies (1) \| Respond to of 63513

I sure Gary's right, he comes up with some great insights. I've made lots of money listening to Gary. I've haven't kept up with his thinking recently due to the lack of SI time I've experienced. I just called up CSCO's forward PE on Wall street City and am seeing a 54, WOW Unless we get the mideast war, we should be getting close....very close. CSCO has done a very nice 5 waves down from it's Sept B wave High, and the whole pattern since the alltime high of 82 back in early march looks very close to completion. Now who knows if a real panic sets in and it spends a half a day going down toward 40. I myself seem to remember a 44 number as being the buy point on oct 8th of 1998, I guess I'll need to figure out how many splits CSCO has so that I can see what the actual number was, not that it has to be the magic number again. if we see 44 I think I'll be pounding the table. pricing calls etc -g- I guess a major war could alter my thinking but anyway.....