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Investors Title Co. Message Board

  • pmlljl pmlljl Oct 23, 2002 11:15 PM Flag

    Rational market?

    Look at the earnings reports for ITIC, FNF,and FAF, all reported today 10-23-02. All reported dramatic increases and enthusiasm for the near future and the stocks all went down. They are all selling at very low p/e ratios already. My conclusion is the market is flat out nuts. They all want to know if now is a good time to buy AMZN and AOL. They are all idiots!!!!!!

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    • You just had to wait a day!

      I sold out. Markets continue to make me nervous and I am more inclined to keep my cash stash on the larger side.

      This is now near historic highs, so I sorta sold on the good earnings news, hoping to buy back in later on a pullback.

      good luck

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