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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Giordano Bruno who wrote (99433)5/3/2001 6:18:04 PM
From: pater tenebrarum  Read Replies (1) of 436258
 
they vastly underestimate the p/e. there are different methods for calculating same (see Bronson postings on Longwaves for details) and current estimates for the NDX p/e vary between 78 (the estimate in this article is the lowest i've seen thus far) and over 1,400 depending on who you talk to. no matter, the inescapable conclusion is that if we really have seen a bottom,then it was the most expensive bottom in stock market history.
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