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Pastimes : Home on the range where the buffalo roam
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To: mishedlo who wrote (10979)2/28/2001 5:56:28 PM
From: DaYooper  Read Replies (2) of 13572
 
Hi Mike,

You've been right about the Naz for a long time.

But now the DOW too?

short the DOW is the way to be, cause if we go down hard, I do not see how the DOW can be immune. The DOW is due to drop on gravity anyway.

Based on fundamental PE to growth rate analysis the Naz needed to come down. And there's still room for PE contraction considering we're in uncertain economic times.

But the DOW? It must still have single digit PEs doesn't it? Do you know a source that compiles the DOW 30, S&P 500, and the Naz 100 PEs?(composite PE for each index) I'd be really interested to see how they compare today.

Rory
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