Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: sammy levy who wrote (3609)	2/25/1998 8:46:00 PM
From: sergio	Respond to of 18691

I'm in same boat. But after todays close I see much more index call buying, therefore I expect in a couple of days or so, we can see some correction. Compare the call buying vs put buying of the indices in the last three weeks and you see why (this is my contrarian indicator). 401K money is sitting in the money market for the last three reporting weeks, so yes, if this is moved to equities we are in for more record highs. Sergio

To: sammy levy who wrote (3609)	2/25/1998 8:47:00 PM
From: put2rich	Respond to of 18691

I have some shorts but looking at briefing.com's earning tables currently show that most companies have revenues up in the range 50-200% from last year (and am scared). Or bad companies simply disappeared or not listed? Any knows the average medium-to-large companies' p/e or revenues compared to those of last year?

To: sammy levy who wrote (3609)	2/25/1998 9:45:00 PM
From: Roger A. Babb	Respond to of 18691

Sam, your explanation is right on. Too much money chasing too few investments.