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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services -- Ignore unavailable to you. Want to Upgrade?

To: Mark[ox5] who wrote (11025)	4/7/1998 8:34:00 PM
From: Mark[ox5]	Respond to of 27968

<Kinda off FAMH, more with stock market> Also, for everyone in the red today. Cmon guys ..the market has been a rocketship for 2 straight months.. in the face of constant prewarnings.. all that 401K money is just driving the market into insane valuations. (ave PE 49 for staffing companies? eek) We have the best economy in the world, and the best market, but we dont exist in a vacuum. I dont think we remember 3 days in a row of down markets for the past 2 months straight..that is quite amazing. (just remember last Oct/Nov to put perspective into it) One reason I sort of am really liking pennies is they are pretty independent of the market (more news driven). Bullish on the market and economy, but we are due for some decent pullback just through basic common sense. Even a 10% correction from here is 8100 DOW, and that is higher than we were on Jan 1 I believe. Mark