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

To: Jill who wrote (38160)6/25/2001 7:00:06 PM
From: Sully-  Respond to of 65232
 
HI Jill,

The market stinks. The NAZ stinks worse. Me thinks we retest the April lows later this summer or early fall.

Consensus from my completely unscientific observations is for 50 BP's. Won't matter near term. Too many tech stocks with continuing decelerating earnings to justify substantially higher share prices........ unless we are back to the New Paradigm of triple digit P/E's......... during an economic slowdown?? It would be quite oxymoronic me thinks.

Ö¿Ö


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