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Strategies & Market Trends : Sonki's Links List

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To: Sonki who wrote (383)4/22/2008 9:38:21 PM
From: Sonki   of 395
 
intresting chart of spx earning vs spy
while spy looks like it had come to y2k level, earning has
doubled.
cxoadvisory.com


Mainly pe ratios have shrunk even while ^tnx (rates) is also
much lower. I wonder if this is what happens in
cyclical bull market ? while we are in secular bear ?
but brinker switched secular bull market just at the wrong time ?
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