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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: James C. Mc Gowan who wrote (12243)10/25/2002 3:24:13 PM
From: 16yearcycle  Read Replies (2) | Respond to of 30712
 
sick? This market has been sadistic for years now.

If I understood you, you blow off the 98 run as a non event of sorts. Perhaps I am reading into your comments, but I think if the nasdaq runs 300% on this "pump job" it will be a meaningful event for a lot of folks..good and bad.



To: James C. Mc Gowan who wrote (12243)10/25/2002 3:27:22 PM
From: ig  Read Replies (1) | Respond to of 30712
 
Nice post. I think you've got something there with the banker bailout and the LTCM deja vu.

Btw, didn't I read somewhere that that SPX 48 p/e you mentioned is based on a Fed model that has a projected 2003 earnings growth rate of 47% ?!

ig



To: James C. Mc Gowan who wrote (12243)10/25/2002 4:41:16 PM
From: DebtBomb  Respond to of 30712
 
just another bs rally that will end like all the rest

too many shorts in the market

need a blow-off short covering top



To: James C. Mc Gowan who wrote (12243)10/25/2002 8:32:24 PM
From: KevinMark  Read Replies (4) | Respond to of 30712
 
>>>Look guys, patience is wearing while the pump job continues.<<<

>>>No way I believe a new bull market has emerged here.
<<<

That is precisely why this train will continue heading north, because of all the non-believers.

Some of you guys better start looking at some different indicators instead of being so concerned about PE ratios.

>>>Don't be fooled. This is all about distribution.<<<

You must be delusional. Pull up any tech chart like BRCD and you will see the exact opposite, a slow bleed to eliminate every LTBH investor.

Don't even think that I believe we're in a major bull market. I believe we will be in a trendless market for years after this major run that will have most bears fooled on the raw power. Bonds are not in favor anymore.