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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 660.19

-0.8%

Nov 18 4:00 PM EST

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To: David W. Taylor who wrote (79991)	7/11/2001 2:25:08 PM
From: seminole	Read Replies (1) of 99985

<<< We need to get to insanely undervalued.>>> Why? Will insanely undervalued change the economy? Will insanely undervalued change the amount of money going into retirement accounts. We may get insanely undervalued or may not. You may want insanely undervalued but we don't need insanely undervalued, IMO. <<P/E are still overvalued.>> Will the correction occur because the P (prices) decrease or because the E (earnings) increase as the economy improves?

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