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Strategies & Market Trends : Paint The Table
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To: MulhollandDrive who wrote (7667)12/30/2001 3:41:11 PM
From: Jorj X Mckie  Read Replies (1) of 23786
 
I would be a bit more optimistic the E stayed static while the P went down. The PE ratios are looking just as bad as before. And my understanding of corporate and personal debt is that they have not gone down yet, and as we have discussed, until this happens, a recovery really isn't in the cards.

The good news is that I am probably a contrary indicator.
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