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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: Tom Hua who wrote (16390)11/26/2001 5:28:39 PM
From: JustTradeEm  Read Replies (1) | Respond to of 19633
 
I'm short this market and will patiently ride it down.

but ... but .. but Tom, CNBS says the market is never going down another day in our lifetimes !!!

My momo tech junk indicator, JDSU, couldn't budge at all today with the market hitting new highs. Does not bode well when they don't run their favorite up with the market.

JB



To: Tom Hua who wrote (16390)11/26/2001 7:22:28 PM
From: ynot  Read Replies (1) | Respond to of 19633
 
tom,
i see significant personal
capital shifting into real estate
this becomes a negative drag on equities
in addition, of course, to your observations, imho
regards,
ynot :)



To: Tom Hua who wrote (16390)11/26/2001 7:32:16 PM
From: DebtBomb  Respond to of 19633
 
"PE on the S&P is 32, a level that historically preceeds a crash."

Now, a crash wouldn't surprise me one bit, as the economy continues to deteriorate.



To: Tom Hua who wrote (16390)11/26/2001 7:46:13 PM
From: jjeannie  Read Replies (1) | Respond to of 19633
 
Hi Tom,

PE on the S&P is 32

How did you find this?

Thanks,
J


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