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Strategies & Market Trends : The New Economy and its Winners

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To: Lizzie Tudor who wrote (47849)1/24/2009 11:59:22 AM
From: fedhead  Read Replies (1) of 57684
 
I doubt it very much. Great bear markets end with single digit PEs and dividend yields near 6 to 7 %. We are nowhere
close to that. People are too optimistic. I am expecting a 80 to 90 % rout in the major indices at the lows.

Anindo
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