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Strategies & Market Trends : BFT: Will the tulip craze ever break down? -- Ignore unavailable to you. Want to Upgrade?


To: Pancho Villa who wrote (276)4/7/1998 9:14:00 AM
From: Gary R. Owens  Read Replies (2) | Respond to of 650
 
>their current PE is around 80 which is totally ridiculous.<

Pancho,
You've just done a great job in summing up the entire
U.S. Equity market in an understandable manner. <g>

I can't believe how impatient I'm getting. Eating crow every day
from folks I work with about how they've just started putting money
into stocks. They won't listen to reason (not that I'm reasonable).

But here we sit, looking at a smoldering volcano while everyone
around says "ah it'll never hit us".

Wonder which stocks will be hurt when the Dow hits 10,000
because they have trouble with the extra digit? Quote providers?
CNBC? What about the deep deep discount brokerages?