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Politics : High Tolerance Plasticity

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To: pvz who wrote (15288)7/19/2002 8:00:17 PM
From: pvz  Read Replies (5) of 23153
 
I'm interested in exploring the mantra that PEs need to go to a historical norm of 15 before the market is fairly valued.

Does anyone have a link to data that shows that this is in fact the historical norm? Also, is this trailing or forward?

TIA, pvz
(trying to keep a cool head among the carnage)
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