Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: elmatador who wrote (24669)	10/28/2002 9:41:58 PM
From: maceng2	Read Replies (1) of 74559

One of the favourite charts of the bears on Wall Street is a historical graph of the price/earnings ratio of the stock market. I believe the S&P500 graph vs. P/E graph he refers to is this one. (scroll down to 2nd graph down. May take a little time to load) decisionpoint.com I'm not waiting for it to bounce on the red line. I think it will pass that, maybe the down momentum will stop on the green line. I'm not joking either. OK so we had a little bounce. I'm standing back, OK possible to resume upwards. The other scenario is the crashing continues. I'd say the fundamentals are the crashing continues before Feb to new lows.

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