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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Shack who wrote (26334)	12/28/2001 10:46:31 AM
From: JRI	Respond to of 209892

<Betting short against COMPX 2000 doesn't make me that nervous> P/E of 55+, as overvalued as March 2000 doesn't make you nervous in a flat/declining earning environment? gg (You know, the best scam I love....is the quoting by stock gurus of long-term returns based on the indices annual growth.....CONVENIENTLY FORGETTING those stocks that get dropped from the indices over the years....same with P/E....that P/E actually looks better than it should given how many companies have been dropped)