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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Cogito Ergo Sum who wrote (11675)	12/6/2001 9:25:10 PM
From: Cogito Ergo Sum	Respond to of 74559

Watch out ! Canadian bears descending from the north.. Message 16758360 Kastel

To: Cogito Ergo Sum who wrote (11675)	12/6/2001 10:58:20 PM
From: pezz	Respond to of 74559

<<but the tired old man >> No.no this is a new born. The old man passed on last year. Climb on this tiny calf's back as he grows to a mighty BULL! Hopefully he will be as worthy as his predecessor. Even if valuations do matter the mkt looks ahead as you well know. At the depths of the 1990 recession when the mkt started it's big run the DJA showed a PE of 40! And those dot com's who's valuations are still silly.............Forget'em they had their day, they no longer speak for the mkt.