VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Mannie who wrote (45393)	12/19/2001 9:35:32 PM
From: pinhi	Read Replies (1) of 65232

Hi Scott, one more thing I will add to what RR is saying, and I'm not saying this will happen, but, I remember in '94 the PE on the S&P 500 was like 24 or 26 and we had just had a pretty good correction. Everyone was saying the same thing they are saying now-How can the market go up from here with a PE like that? Well, S&P earnings went up dramatically over the next 5 years and so did the market. I'm not saying that will happen this time but--- Anyway, how are ya buddy. Would love to see some snow here in the N.C. mountains but not even a flake so far. Pinhi

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