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Non-Tech : Tulipomania Blowoff Contest: Why and When will it end?
YHOO 52.580.0%Jun 26 5:00 PM EST

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To: wanmore who wrote (1903)9/6/1999 1:25:00 AM
From: wanmore  Read Replies (1) of 3543
 
Is the S&P overvalued???? Even the most optimistic speculator must have a few concerns . Check this out
dismal.com

It seems to me that this market is based on the assumption that corporate earnings should increase an alarming 20% during the next 12 months and the 10 yr. bond rate would not exceed 5%. All this in the face of increasing imports and decreasing exports.....but what do I know
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