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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: David Howe who wrote (12750)6/12/2002 5:00:17 PM
From: nsumir81  Respond to of 19219
 
Yep bullish (theory). eom



To: David Howe who wrote (12750)6/12/2002 5:18:34 PM
From: Steve Lee  Respond to of 19219
 
"Government spending and the amazing consumer"

Where did those govt and consumer spending dollars go? I would have thought they would have become revenues for whoever was on the other end of the spending? What I am saying is that if GDP went up, then total sales i.e. revs went up. i.e we are not at recession lows for revs so there is no excuse for high P/S.

The reason for high P/S is easy.

BUBBLE


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