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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: Investor2 who wrote (6064)7/17/1998 6:45:00 PM
From: MrGreenJeans   of 42834
 
PE Update

Standard and Poors 500

1997 Trailing PE 1186.69 / $46.80 = 25.36xs

1998 Projected PE 1186.69 / $50 = 23.73xs

1999 Projected PE 1186.69 / $52.50 = 22.60xs

Investor2: <<Yes, I'm starting to get dizzy at these lofty heights. Not only am I rebalancing my asset allocation, per my recent post, but I am also simplifying my portfolio to allow a speedier exit, should market conditions turn sour.>>

My thoughts exactly. Well said.
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