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

To: Stcgg who wrote (65611)1/2/2001 6:03:38 PM
From: Bald Man from Mars  Read Replies (1) | Respond to of 99985
 
I have never heard of that Elliott dude, is Mr. Wave any good in predicting the highs and lows ???

I think I get butchered today !!!



To: Stcgg who wrote (65611)1/2/2001 6:07:17 PM
From: TRINDY  Respond to of 99985
 
Stcgg or anyone. I read recently that the NASDAQ still has a P/E of 110-115. Does anyone know how this is figured? Do they simply sum all the prices and all the earnings of all the companies and divide the former by the latter? Or, is the aggregate P/E determined only from those companies that have positive earnings? Very different appraisals are associated with these two possible measures.

TIA


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