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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?


To: Bill Wexler who wrote (4200)1/13/1999 4:58:00 PM
From: Eric Klein  Respond to of 4634
 
Longer term I think the market is going considerably higher.

Why do you think that?
When I look at the following, I'm not very sanguine. The P/E of the DOW is around 30. The P/E of the Nasdaq 100 is 100. The world is entering a worldwide slowdown (Asia, Japan, S America, Germany).

I'm seriously asking, not trying to start an argument. I've read your posts for a while, and you seem a reasonable and knowledgeable person.



To: Bill Wexler who wrote (4200)1/14/1999 12:02:00 PM
From: John Miz  Respond to of 4634
 
Anybody here like VTR (Ventas Inc.)?

Declared a Qtrly dividend of 39 cents per share today.



To: Bill Wexler who wrote (4200)1/14/1999 5:43:00 PM
From: Spunky Beaver  Read Replies (2) | Respond to of 4634
 
VIX up today! High was almost 37. A good sign that a correction is in order. Do you have any favorite Nasdaq shorts right now?



To: Bill Wexler who wrote (4200)1/20/1999 5:39:00 AM
From: Bill Wexler  Read Replies (1) | Respond to of 4634
 
IFMX is going much higher.

The stock is still dirt cheap. Again I strongly recommend buying heavily on any pullbacks.



To: Bill Wexler who wrote (4200)1/20/1999 5:42:00 AM
From: Bill Wexler  Read Replies (2) | Respond to of 4634
 
Continue accumulating CPU.

It's floundering and getting shot at from every direction...however that's exactly why it's trading at a dirt cheap multiple compared to its competitors. The company is not going out of business - patience is key and investors should not be frightened by its day-to-day gyrations.