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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Dr. Jeff who wrote (87072)3/28/2001 4:27:00 PM
From: pater tenebrarum  Read Replies (1) of 436258
 
that's the height of inanity. stocks remain extremely expensive, and the SnP would have to plunge by about 75% from here to reach valuation levels associated with historic bear market troughs. the denial that continues to reign is simply amazing. note, this comment is not in reference to whether or not it might be a good time to buy....i don't think it is, but i may be wrong. but it's very clear that stocks represent anything BUT value here.
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