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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: dennis michael patterson who wrote (24814)11/27/2001 9:32:07 AM
From: Paul Shread  Read Replies (4) of 52237
 
Next March could be ugly again, FWIW; Japanese banks will need to raise more reserves.

washingtonpost.com

John Berry quoting current S&P PE as 46; tops the March 2000 peak by 11. Not that FA matters, of course ... as long as you're not buying and holding. -g-

And a quote from ECRI, one of the few groups to call the recession early: "There is a serious risk now that the stock markets are forecasting a false dawn," said Lakshman Achuthan of the Economic Cycle Research Institute.

washingtonpost.com
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