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

To: t2 who wrote (36595)	3/4/2002 12:06:22 AM
From: pompsander	Respond to of 99280

Despite the still huge uncertainties, confirmation of real economic GROWTH can change market sentiment in a snap. May have begun Friday. We will see. When the economy is sinking, everything is too expensive....when it is growing, hey, valuations are all just relative. Remember when "next year's earnings" were all anyone cared about on P/E? And next year was always a given. Sheesh.

To: t2 who wrote (36595)	3/4/2002 12:12:20 AM
From: sylvester80	Read Replies (2) \| Respond to of 99280

I agree with you. And not only that, but based on two responds on the new short selling rules in Japan, seems to me they just updated their rules to the same as the US short selling rules. So why would this rally be just short covering? It's not like they banned it.