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


To: CAtechTrader who wrote (33441)3/14/2001 12:20:05 PM
From: AllansAlias  Read Replies (1) | Respond to of 65232
 
The numbers simply do not support your contention. I can PM you long-term charts that show this to be the case. I am not making an argument for anything here other than accurate historical perspective. P/c > 1 may be above average, but is not historically high. Did you not even look at that chart?

Try this one:
stockcharts.com[h,a]maclyymy[d19900101,20010314][pb50!b200][vc60][iUb14!La12,26,9]

(Both of these charts only go back a few years, so you can not get the proper view, but they certainly help more than looking at a few months of data.)