CFZ E-Wiggle Workspace Message Board

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Strategies & Market Trends : CFZ E-Wiggle Workspace

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To: skinowski who wrote (9202)	11/4/2008 2:24:26 PM
From: Perspective	Read Replies (2) of 41518

I do so wish we had gotten down to these levels with genuine capitulation and loathing on the part of the media and general public. Instead, I see stuff like this all over the place: finance.yahoo.com "Despite the advance from its low, the blue chip index continues trading at a historically cheap price-to-earnings multiple. The Dow's current P/E multiple is just 11.6x. During the past five years the Dow averaged a price-to-earnings multiple closer to 17.3x." Do we really think that we're going to hear stocks promoted like this on Barfing.com, CNBS, the WSJ, and Barron's when the final bottom arrives? `BC

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