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Strategies & Market Trends : APMP (formerly APM) -- Ignore unavailable to you. Want to Upgrade?

To: AlienTech who wrote (9341)	12/15/1997 12:01:00 AM
From: J. P.	Respond to of 13456

Hey AlienTech, Looks like the Nasdaq composite is dropping down to the 200 day moving average. If you look at the previous patterns of the Nasdaq the 200 DMA generally provides bedrock bottom support and has been a starting point for the next leg up. Check out the 1995 and 1996 annual charts (and now 1997). However I nor anyone else here haven't any idea what to expect for 1998, and it's meaningless to even speculate. As for APM, I learned my lesson on so called value investing with tech stocks. The super short life cycles don't lend themselves to this type of valuation and PE ratios are a fairly meaningless measure. Best of luck to you.