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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?

To: American Spirit who wrote (16164)	4/12/2001 7:15:50 PM
From: limit	Respond to of 37746

Do not forget the Bush tax cut which will pump more money into the peoples hands. The market looks to the future, shorts are now behind the curve. There still is crap to short such as HAND but it won't be as easy for shorts as it has been the last six months. FWIW there are several gold mines in the biotech sector. I enjoy this board..lets all make some cash!

To: American Spirit who wrote (16164)	4/12/2001 7:55:51 PM
From: besttrader	Respond to of 37746

American Spirit, you said, "And longterm the market always trends up". Well NOT NOW. Look at a 10,20,50,100 year chart and see we are NOW LONG TERM TRENDING DOWN. The Dow had a few years to go up, and what did it do? It went no where on higher and higher volume making a DIAMOND. Crashing out of this diamond formation gives you a target of 7500 on the Dow. Historical P/E values are WAY out of whack, and now with negative earnings, P/E's are infinite, giving stocks the theoretical value of 0.