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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: 16yearcycle who wrote (26694)11/24/1998 7:48:00 PM
From: Math Junkie  Read Replies (1) | Respond to of 70976
 
Re: <<I have remained about fully margined since 10/8/98, so I am "edgy," as would be appropriate.>>

Sorry for belaboring the obvious, but just as a reminder, when the market is making new highs is a good time to reduce margin exposure.



To: 16yearcycle who wrote (26694)11/24/1998 8:54:00 PM
From: blake_paterson  Read Replies (1) | Respond to of 70976
 
Eugene: <I think earnings on the dow will be 420 in 1999. I think rates will stay low. I think that will lead to a high pe of 24. This = a dow of ~10,000 at the peak. So we are not extremely high, but I think we are heading there too fast.>

It all hinges on the earnings number. I hope you're wrong and we go higher <g>. Eugene, isn't it amazing that here we are debating w/ you taking the bear side and me taking the bull corner when we were debating from the opposite just 6 weeks ago?

BP