SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Thomas M. Carroll who wrote (4563)4/11/1998 6:32:00 PM
From: wooden ships   of 42834
 
Thomas: Thus far, the snippets I have caught during this holiday
weekend seem to indicate that Brinker is staying the course by
anticipating brief and contained low percentage downdrafts fol-
lowed by higher prices. Not surprisingly, Brinker advocates his
usual dollar cost averaging at these lofty levels. Indeed, with the
S&P 500 banging at the door of 24 times earnings and the total
market already up 14% from 1 January, Brinker declared that he
strongly doubts whether this market will ever exceed P/E multiples
"beyond the 20's" and, therefore, ever approach the stratospheric
multiples (50 and above) seen in the Japanese market during the
late 1980's.

Those who heard more complete segments of MoneyTalk are
more than welcome to add to or amend these observations.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext