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To: Lucretius who wrote (251178)	7/20/2003 2:52:11 PM
From: Jeff Jordan	Respond to of 436258

I know this 2min chart looks pretty bullish<g> share.esignal.com That was a powerful move @ 10:30pt I know it takes money to make money.....but it takes profits to grow a business. You say these companies are worth 5x 10x 200x earnings....well when was the last time you saw Warren Buffet buy an overvalued company? This country has financial problems.....serious ones yet the market thinks flooding the deflating world with paper causes profits? The debt service and future cash requirements must come from REAL profits, so if you have to justify higher multiples buyer beware! You can't print money.<g> I suppose the chart is ignorant of the extreme pundit bullishness.... if pigs wanna fly...let-em have their day in the sun? Just don't tell Arby's oven mitt it has no nose?<g> I know Kudlow and Cramer are thinking the weekly chart hits the 200d tomorrow...any fool can see that!<g> share.esignal.com There is room for more rally...30~40% moves aren't historically irregular....we've got the mania, we've got the ignorance to blindly go, we got the new accounting and moral matrix paradigms, we got the book of Revelations, and above all, we got a fed chairman willing to print forever.<g> ~j printerless