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To: Arik T.G. who wrote (18615)3/15/1999 9:11:00 AM
From: donald sew  Read Replies (1) | Respond to of 44573
 
Arik,

I too feel that the FTSE is topping out.

Imentioned it on the MDA thread, but I am still not expecting the BK for the U.S. market yet. I expect the possibility of a strong pullback soon, probably in APRIL which some may even call it a BK, but that could still be small compared to the one that may start in the next 9 month cycle (4th quarter/1st quarter 2000).

Im still feeling that the SPX will be trading in the 15-20 P/E range within 5 years. Now that would be the BK.

seeya