From: Bill Lucy 

In article , email{at}from_Gary_Britt.org says...
> Well then, have they bought enough of any oil company stock to cause its
> price earnings ratio to be pushed up?  If not, then they and the rest of the
> market aren't buying in quantities that would be expected for an
> "extraordinarily profitable" company.

I'm just shaking my head, Gary. Technical analysts use P/E ratio in
determining whether or not to buy oil company stock. But it's a small part
of making a buy decision.

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