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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: vampire who wrote (3240)	11/5/2001 5:19:13 PM
From: Steve Lee	Read Replies (2) \| Respond to of 99280

Why don't you do your own calc and let us know what you make it?

To: vampire who wrote (3240)	11/5/2001 6:25:45 PM
From: Steve Lee	Read Replies (2) \| Respond to of 99280

Just ran the calc for weighted PE of NDX 100. Result = 52.7 Used today's closing prices along with earnings for current calendar year. So it is a good compromise between trailing and forward PE. Only used first 60 stocks in index, but these account for over 90% of weighting, so the error is minimal.

To: vampire who wrote (3240)	11/5/2001 7:29:48 PM
From: Rich1	Respond to of 99280

So now we are hearing that Ah doesnt count what a joke.. For the record CSCO last close...$18.65 over 2.6 million shares traded...QLGC...$45.30 only 48,000 shares traded.. yada yada yada.. Gonna be some pain for the Bears tomorrow morning....maybe into the afternoon if when AG drops a 1/2 point he says he sees a turnaround.. I would not want to be short if he says anything encouraging.. One of the problems with this market the Bulls didnt know when to stop last year and looks like the Bears dont know either...<gg>