Stock Attack II - A Complete Analysis Message Board

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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Paul Shread who wrote (24004)	11/13/2001 5:47:42 PM
From: TechTrader42	Read Replies (2) of 52237

One analyst on CNBC (an honest one) said this afternoon that the S&P PE (12-month earnings) is currently 35 (if I heard correctly), where it was 18 months ago. He dared to suggest that the exuberance might not last. I've read 30, but whatever. His point is still valid. The market is still expensive. To put it into hysterical perspective: lowrisk.com With the Northern Alliance in Kabul, it seems unlikely that the U.S. economy would fall into a recession, I suppose. I guess that's what I'm hearing on the financial channels. I suppose it's due to sales of razors. Gillette will rally, taking up the Dow with it. More hysterical charts: lowrisk.com

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