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ajtj99

04/23/03 2:22 PM

#100483 RE: phineas gage #100476

Actually, I don't really think about the market and fundamentals, as historic fair value is at about 40% below these levels. Until those levels meet, I'm pretty much sticking to T/A.

How can anyone think about fundamentals with stocks like EBAY, EXPE, AMZN, and the like with such massive trailing multiples at pro-forma earnings and nonexistant GAAP earnings?
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mainehiker

04/23/03 2:42 PM

#100497 RE: phineas gage #100476

phineas ..the market is discounting
nuclear holocaust, cockroaches being the only suriving species, invasion of hostile aliens, a giant comet hitting the US, tsunami's on every coast, pestilence, plague, drought, the next ice age and even Abby Cohen telling the truth....the market is bizarre.