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


To: HairBall who wrote (62370)11/13/2000 11:40:40 AM
From: jttmab  Respond to of 99985
 
Maybe I should request a hand count...

I'd recommend against it. It could result in global climatic changes.

On the market: I think that the NAZ average P/E is around 120; the S&P around 26 and the DOW at 19.

It seems like there is a little room for continued correction on the NAZ. CBOE Put/Call ratios have been pretty eratic; I don't see a bottom formation without the ratios "stable".

Regards,
jttmab