MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: High-Tech East who wrote (13154)	6/30/2002 10:47:57 PM
From: David Howe	Read Replies (1) of 19219

This negates the whole article because it is such a completely misleading comparison of PEs. << For proof of this, one has to look no further than a chart of the price/earnings ratios of the S&P Composite Index Shiller compiled going back to 1881. To be conservative, he uses a moving average of the previous 10 years of reported earnings for the composite so as not to artificially boost his P/E measure during recessionary periods >> Then he goes on to compare today's PEs with this same chart. Today's PEs are "artificially boosted" due to a "recessionary period" exactly as the chart was designed to smooth out. Bad comparison and misleading. He also fails to mention how low interest rates effect PEs. Bogus article in many ways. He has an agenda. IMO, Dave

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next