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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (3478)3/15/2001 1:44:25 PM
From: Hawkmoon  Read Replies (1) | Respond to of 33421
 
Bush sounding the alarm on inevitable power outages in California this summer. Not good for at least 10% of the US economy.

Message 15509264



To: Hawkmoon who wrote (3478)3/15/2001 2:28:21 PM
From: John Pitera  Read Replies (1) | Respond to of 33421
 
People are looking at that trailing 72 PE on NTAP and don't believe that the earns are going to grow enought
obviously. Now that everyone knows how to value stocks it gives them a great reason to sell them down
some more.

The market is clearly driven by mass psychology.


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