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

To: Crimson Ghost who wrote (23034)	8/6/2001 9:00:11 AM
From: robwin	Respond to of 30051

Not to interject something completely irrelevent but this morning when I turned in for my daily dose of humor from CNBC, I noticed for the past hour or so, they are not showing the futures on the screen...it is normally on from 6:00 to 9:15 ...it irritates me and I would like to know what happen...i know, don't sweat the small stuff... RT

To: Crimson Ghost who wrote (23034)	8/6/2001 9:04:06 AM
From: Paul A	Read Replies (1) \| Respond to of 30051

err but Steve would have to call it the 'valuation' thread, no? : )

To: Crimson Ghost who wrote (23034)	8/6/2001 10:03:28 AM
From: Zeev Hed	Read Replies (1) \| Respond to of 30051

George, valuation metrics are very important to my long term outlook. If you remember in April last year, I advanced the hypothesis that valuations will over a very long time (7 to 10 years) come back to the norm, and thus my tenet that the markets will be locked in that large trading range for a long period, allowing earnings to catch up with current excessive valuations. Zeev