Dave Gore's Trades That Make Sense Message Board

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Strategies & Market Trends : Dave Gore's Trades That Make Sense

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To: Dave Gore who started this subject	9/25/2002 10:24:14 AM
From: Baldur Fjvlnisson	Read Replies (1) of 16631

A TALE OF THE S&P 500 P/E RATIOS OVER 75 YEARS Joseph M. Miller September 21, 2002 gold-eagle.com The purpose of this essay is to show just how distorted (overpriced) the US stock markets have become during the last decade. The main exhibit to prove this point is the relationship between the price of the S&P 500 Index and the P/E ratios for this index. Please look at Chart 1 below and study the information in the box that describes each colored line. You cannot grasp the message this essay contains unless you understand these lines and the information they convey....

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