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

To: t2 who wrote (43783)3/25/2002 2:45:58 PM
From: Crimson Ghost  Read Replies (1) | Respond to of 99280
 
P/E are historically high in almost all sectors of the market. NAZ probably is no higher than most others in relation to historic norms.



To: t2 who wrote (43783)3/25/2002 3:03:45 PM
From: Zeev Hed  Read Replies (2) | Respond to of 99280
 
What bounce? I don't see a bounce. Yet, I just added COO back to the core here at $44.51, it is $3 discount to my last sale and $42 has served as a solid bottom three times so far. A solid growing company selling at only $15 PE to next year's earning, seemingly a bargain. If it goes again to $50 without showing sign of taking it out, I'll be out. Stop loss at $41.90.

Zeev


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