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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Giordano Bruno who wrote (248569)7/7/2003 8:20:30 AM
From: Tommaso  Read Replies (2) of 436258
 
Wall Street Journal article this AM points out that the S&P P/E is at 32, same as top of bubble, and that the sentiment indexes are at levels seen prior to the 1987 crash.

At least this time the Journal has learned a little caution.

I am getting heavy on BEARX again, and maintaining my long term LEAP puts on the Dow. May take months or a year to stampede over the cliff into the canyon, but I can wait.
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