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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: SGJ who wrote (237044)	4/22/2003 6:13:00 PM
From: benwood	Read Replies (1) of 436258

Kurt Richebächer : "Measured as a share of GDP, profits today are at their lowest level in the whole post-war period." prudentbear.com What will it take, some 100% profit growth to bring the S&P 500 P/E down to the level all pre-2000 peaks? Say 15% across the board for 6 years running to reach the level of the 1929 mania peak? Yeah, baby! Bring it on! p.s. ignore the fiscal crises of the States behind the curtain...

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