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

To: Monty Lenard who wrote (22205)	7/23/1998 11:31:00 PM
From: James F. Hopkins	Read Replies (1) \| Respond to of 94695

Monty ; Thank You Much for the kind words, Now for some funny stuff , did you notice the PEs! for that freeken Magic Ten, they average about 104 ..but here is a better one..WCOM was the only one up today and it's got a PE of over 500 !! So much for the analcyst and all that PE garbage... it's cash flow and liquid and index funds and prozac and viagra and drive this market ! The trend is your friend , spotting it can be hell, & don't worry if it don't make sense..just learn to be fast or a little early, but go with the flow. The internut stocks are more risky as they don't have the float ( ie not liqiud enough ) and can be manipulated easyer. The smallest one in the Magic Ten has a 80 Billion market cap, ( also the best PE ratio ) Jim