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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: Mark L. who wrote (14723)8/12/2001 2:48:02 PM
From: Mark L.  Read Replies (2) of 52237
 
Oops. That should have been, "You have to go back to July, 1932 to find one lower." Sorry.

For two months in 1932 the S&P 500 P/E dropped off the face of the earth. It started the year around 9 and ended the year around 9. But in between was a crash far worse than 1929.
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