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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Jean M. Davies Schmith who wrote (8159)10/28/1997 11:35:00 AM
From: Jumper  Read Replies (2) | Respond to of 94695
 
Todays Bear and Dipster rally of Junk stocks is yet another shorting opportunity.

IMHO

This is a reflex reaction. Like when you slap a spoiled child. Haha

The child is in shock, then cries a few moments latter.



To: Jean M. Davies Schmith who wrote (8159)10/28/1997 12:09:00 PM
From: Tommaso  Read Replies (1) | Respond to of 94695
 
We are evaluating this market on the basis of seven years, ten years, fifteen years, or even 23 years of activity.

We are are at the peak of a recurring set of bull market surges, and stocks are more overvalued in some respects than they were in 1969 or 1929. When this all began, you could buy Royal Dutch Petroleum at a P/E of 3 and a dividend of around 7-8%. Now we have untested technology stocks selling at p/Es of 30 and more.

Would you like me to explain what "P/E" means?



To: Jean M. Davies Schmith who wrote (8159)10/28/1997 12:16:00 PM
From: Bonnie Bear  Read Replies (1) | Respond to of 94695
 
Jean: if you are that worried about your stocks perhaps you should consider selling them and paying taxes and putting the cash in the bank. That way you won't have to fret about them. It's really obvious to everybody on the thread that you have lost a lot of money recently. I offer my condolences.



To: Jean M. Davies Schmith who wrote (8159)10/28/1997 4:22:00 PM
From: Elllk  Read Replies (1) | Respond to of 94695
 
Jean re:

<<Bonnie: Once again, Ibexx has demonstrated that buying good quality
stocks and holding them as long as they retain their sound fundamentals
is the only way to invest. Jumping around, in and out, and whooping and
hollering belongs in Las Vegas, and generally reflects short-term
morning winners who end up evening losers. Perhaps it is not wise to
evaluate markets based on one or two days of activity?
Thanks, Ibexx, for once again being the voice of reason amidst the
cacophony.>>

I would say you are responding to one days activity and may be in danger of having to take your own advice here. :)

Good trading.

Larry