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Strategies & Market Trends : Investor sentiment surveys - a technical indicator

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To: Q. who wrote (70)	6/28/1997 8:11:00 PM
From: CJ Quantumwell	of 167

<<In particular, the p/e of the S&P 500 is presently over 20, a condition that historically has never lasted long. >> PE ratio should be related to the growth rate. I wonder what is the rule of thumb for the growth rate to PE ratio. For example, for a stock traded at P/E 20 or 100, what's the respective growth rate expected in the market? CJ

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