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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: dennis michael patterson who wrote (16733)	10/18/1998 2:55:00 AM
From: Electric	Read Replies (2) \| Respond to of 42787

dennis, I read that on a news wire I get from my place of employment. It mentioned that after the market had retraced most recently that the PE was still at 24, and that wasnt including this last 900 points we ran off. I cant understand how anyone thinks the market can support these levels, it isnt going to happen. It might in the near term, but I would be worried about being long for very long. I am serious about Japan and HK as long-term positions. I plan on putting aside a percentage of my longer term money for it. You ought to know exactly what I am referring to when I speak of cycles.. It is late here, I will be snooping around tomorrow PM watching the futures. Did you see anything as to why DELL sold off right at the end? I didnt mind, it gave me a bit of hope on my 65 put..