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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: Bwe who wrote (14043)2/16/1999 5:52:00 PM
From: Mr. BSL  Read Replies (1) | Respond to of 34810
 
Thanks for the fine link Bruce. I have bookmarked it. Thanks for the relative Big Cap info too. It confirms my humble home made indicators. Will be interesting to see how much of a haircut that DELL gives the market tomorrow. My home made HI/LO indicator is down to 24 after today's action. Let us (the thread) help each other prepare for the next upturn and help each other stay short/neutral until it actually happens.

Best regards, Dick



To: Bwe who wrote (14043)2/17/1999 12:57:00 AM
From: dave b  Respond to of 34810
 
That article pretty much sums things up.

FWIW, as of the close today, the Greenspan model is 20.2% overvalued.

If you belive that analysts earnings expectations for the year ahead are too high (which analysts never do), the overvaluation increases.


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