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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: The Ox who wrote (41)2/21/2001 12:12:18 PM
From: chowder  Respond to of 23153
 
FED Pumping Up The Volume.....

NEW YORK, Feb 21 (Reuters) - The Federal Reserve said on Wednesday it added $3.0 billion in temporary reserves to the banking system through two-day fixed system repurchase agreements.

biz.yahoo.com

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Can the market continue to sustain companies with PE's greater than 100 and PEG ratios greater than 3.00?

My "guess" is no, hence I've been adding shorts in high valued tech stocks.

Now if AG will just stay on the sidelines, perhaps the rest of these high valued stocks can come down to decent valuations.

dabum



To: The Ox who wrote (41)2/21/2001 12:28:21 PM
From: kodiak_bull  Read Replies (1) | Respond to of 23153
 
MH:

"the thread is #8 on the hot subject list, fwiw."

Well, the goal is to stay beneath the radar with this particular bar n grill, so I'd just as soon stay away from such "lagging indicators".

I will try to add some things to this site for people, if I can figure it out. Everyone feel free to p.m. me with requests, suggestions, etc. Btw, I notice Girl Friday is the first cyber female to show up; Don England, let's remember there are [cyber] ladies in this establishment <g>.