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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: kha vu who wrote (2965)1/1/1999 3:28:00 PM
From: Trader J  Respond to of 56535
 
CNBC: and guests really putting it to the Inet sector and they just happened to mention one of my valuation theories about the Inets. Right now, a vast majority of Inet valuations are sky high and all have negative earnings which makes it very difficult to value each issue. However, the worst possible thing that could happen is that some start making money and then can be fundamentally valued which will scare many.

Again, the psychological aspects of the market. We will see how this Inet thrashing affects them on Monday. Hasn't been too bad yet but it is not over yet either.

Good luck.

TJ