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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: ajtj99 who wrote (15960)5/17/2001 5:00:40 PM
From: Sabrejet  Read Replies (3) | Respond to of 30051
 
If you're implying don't short here, well, I trade and play the turns and "bounces". Not every stock is oversold or under valued.

I agree with your statement under the condition that multiples are in order.

Question for everyone here: Can anyone actually state that they see stronger growth, better earnings and a REVERSAL, a bottom in the near future? Or are many out there just listening to the media. Remember, CEO's are investors as well and they pump with the best of them! Many are quoted as we don't see it getting any worse than what we just went through but that doesn't mean under rules of logic that it will only get better.

As a buddy of mine once told me, "we could stay ugly for a long time!"

Sabre!