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Strategies & Market Trends : Mu Gamma Lambda -- Ignore unavailable to you. Want to Upgrade?


To: Rich1 who wrote (5765)9/7/2001 12:04:32 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 10077
 
Well.....is there really a compelling reason to buy *anything* right now? I mean other than the adrenaline rush that is akin to a roll of the dice on the craps table? (which I don't discount at all as a motivator).

It certainly has stayed strong throughout the downturn. The PE is a little high, but a key point is that it actually has "E".

If I were really entertaining buying it, I would wait for it to come to me at $17.50. It has a nice little triple top breakout and you know the rule there.