The coming US dollar crisis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The coming US dollar crisis

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: zamboz who wrote (18066)	3/2/2009 1:03:27 PM
From: LTK007	4 Recommendations Read Replies (2) of 71456

Current P/E for SPX500 as of 2/27/2009 was 28.90 to 1. Given the earnings for the next two quarters are seen by realist as being WORSE then this current SPX500 level is WAY TOO HIGH. Want scary? In 74/75 and 81/82 SPX did not bottom until about 7-1. But a P/E level of 15-1 is what would be reasonable(it hit that in 2002) in this Bear, and what price would that be to be now at 15-1, SPX500 of 382. The bleak forecasts are all QUITE REASONABLE. Any major rally would DEMAND we hit P/E not seen since March, 2000. People need grasp the P/E in the SPX is saying loud and clear, this market is OVERPRICED. Max

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next