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


To: im a survivor who wrote (25853)12/19/2000 9:19:22 AM
From: edamo  Read Replies (1) | Respond to of 65232
 
keith..."extr"

300+ pe, under pressure, not yet oversold....

if the market environment remains as is, it may have more downside.....

cc strategy fine, if stock stabilizes...will probably bounce more then the average, but can it hold gains???

market appears not too kind with high pe...look at brcm recent price action...



To: im a survivor who wrote (25853)12/19/2000 9:22:05 AM
From: Voltaire  Read Replies (1) | Respond to of 65232
 
I have stated here at least 50 times and said privately to JW at least as many times - We have no problem as long as everything is EQUAL with the FED. - MEANING - as long as the Fed cares as much about growth as they do about containing Inflation - If they do not move to at least neutral - they are simply saying we do not give a damn about growth and our only concern is Inflation. You got it, I will run like hell and you had better do the same. NOW - that being said, there is not a chance in hell of that happening, giving more impact to my statement should it.

Voltaire