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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: Kirk © who wrote (4629)4/18/1998 7:08:00 AM
From: EDC  Read Replies (2) of 42834
 
Does anyone feel this market still has alot of upside? The S&P must be trading at a 23-24 PE now. I know that inflation is in check but does this multiple make sense? I have a feeling we are toping out because of stocks like Yahoo and Xcite are trading at very frothy levels and everyone seems so bullish. I feel people have the mentality that the market will never go down.
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