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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: vampire who wrote (3240)11/5/2001 6:25:45 PM
From: Steve Lee  Read Replies (2) of 99280
 
Just ran the calc for weighted PE of NDX 100.

Result = 52.7

Used today's closing prices along with earnings for current calendar year. So it is a good compromise between trailing and forward PE. Only used first 60 stocks in index, but these account for over 90% of weighting, so the error is minimal.
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