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


To: Lizzie Tudor who wrote (16012)2/2/2003 2:07:52 PM
From: lurqer  Respond to of 19219
 
represents the sentiment of a lot of investors

Well, the sentiment of this "investor" is that in a period of rapid P/E compression, trying to find the the extremely rare exception that will pay to bet long upon is to fight the tide. That said, I believe before P/Es reach a 7 to 10 moabo bottom, there are likely to be several profitable (but ephemeral) rallies. Just the nature of the beast.

All JMO

lurqer