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


To: ajtj99 who wrote (17298)6/7/2001 7:08:18 PM
From: Sully-  Read Replies (1) | Respond to of 30051
 
ajtj99,

I pretty much agree with everything you said except one thing.............

P/E's aren't dropping. They are spiking ever higher while sales, forecasts & earnings are dropping, with the economy are showing no signs of turning the corner.

Based on the futures (near lock limit up), it appears that this makes little difference right now though.

Ö¿Ö



To: ajtj99 who wrote (17298)6/7/2001 7:36:39 PM
From: Chuck Williams  Respond to of 30051
 
Case in point is BRCM unloaded a mother of a warning - this morning if I recall correctly... It's up 5 and change in AH trading.

Crazy market.