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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Real Man who wrote (367431)5/4/2008 8:44:21 AM
From: Secret_Agent_Man  Read Replies (2) of 436258
 
who are these clowns?"James Oelschlager, chief executive of Oak Associates in Akron, Ohio, with $1.5 billion in assets, cites investors' tendency to exaggerate current problems and extrapolate from the recent past. "Stagflation won't happen," he says. "Money [supply] is under control. Valuations look cheap. Lousy sentiment is always bullish. Wheat will grow in the desert when man's imagination fertilizes the soil."

umm what's the PE of the SnP and DOW?
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