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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?


To: Smart_Money who wrote (42304)2/1/2002 8:11:09 PM
From: TsioKawe  Read Replies (1) | Respond to of 208838
 
S&P at 25 times earnings..Historical sell signals indicate at 20 times earnings get out..buy is at 12 times earnings...
our generation has been duped again..look for minor support at 1055..which will not hold when the truth unfolds..
925 for a rebound..and thats questionable..
nothing is in place ..nor will it be..
It never was a recession..Just Hype...and More Hype..bubble...and more to follow.
Patience will show the truth..
treasuries..is golden...



To: Smart_Money who wrote (42304)2/1/2002 8:55:56 PM
From: At_The_Ask  Respond to of 208838
 
I've given up reading that stuff. As always it's a sell the news scenario anyway. If it were a bad report it would be a "blip". "Wait for the revision", blah blah. I listen to the markets. Gold up, indexes falling, my USD charts tell me that the dollar is running out of steam.
No one wants to buy into another bubble, mini or not. Lack of buyers killed the may rally. IMO this one will suffer the same fate. Of course I will get bullish if I think a greater fool will buy from me down the road.