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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: HairBall who wrote (4729)1/26/1999 11:24:00 PM
From: John Pitera  Read Replies (2) | Respond to of 99985
 
LG, 5 yr CSCO chart with the PE ratio in the bottom window

control.bigcharts.com

Lofty levels up here.

John




To: HairBall who wrote (4729)1/27/1999 12:21:00 AM
From: Berney  Read Replies (1) | Respond to of 99985
 
LG, I think that sometimes we just make it too difficult.

Let me give my spin. I simply focus on the OEX, which IMHO is the Market. If we close above 636, we are going up; if we close below 600, we are going down. Until then, we are simply in a trading range, which is not unusual for Mr. Market.

Berney