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

To: limtex who wrote (38634)	7/6/2001 5:11:27 PM
From: Sully-	Respond to of 65232

Yesterday, it seemed everyone was looking up...... until EMC & AMD warned after the bell. Today it seems everyone is looking down. Hmmmmm......... pritchettcartoons.com Ö¿Ö

To: limtex who wrote (38634)	7/6/2001 5:12:46 PM
From: Sully-	Respond to of 65232

NEW YORK (Dow Jones)--The price/earnings ratio of the Standard & Poor's 500 index at the close of trading Friday July 6, was 26.20. Thursday, the ratio was 26.83. A year ago, the ratio was about 28.56. Historically, the lowest price/earnings ratio on the S&P 500 came in the second quarter of 1949, when the reading slipped to 5.9. Over the last decade, the low was 15.77 in the first quarter of 1995. The P/E ratio rose to 36.43 in the second quarter of 1999, a new high on a quarterly basis, topping the previous high of 34.42 in the first quarter of 1999. The price/earnings ratio, known as the multiple, is a measure of the average stock price divided by the average earnings per share. (END) DOW JONES NEWS 07-06-01 Ö¿Ö

To: limtex who wrote (38634)	7/6/2001 5:23:36 PM
From: Dealer	Read Replies (1) \| Respond to of 65232

"Kudlow on CNBC and his colleague looked real worried" Ooooooooooh Nooooooooooooooo!!! Did you say our eternal Bull (Kudlow) is worried..............Now we got trouble......big trouble..... That alone could produce a "Black Monday Mourning" (borrowed Mourning from Bald Man, I think) dealie