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Strategies & Market Trends : Asia Forum
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To: Defrocked who wrote (4961)6/30/1998 11:11:00 PM
From: Investor2  Read Replies (1) of 9980
 
Re: "Today's market P/E is probably twice as high as the average P/E of the 80's and thus much less cushioned for any shock."

I don't remember the P/E during the 80's, but I do remember that the market P/E (S&P 500) in 1974 was about 7, which is less than one-third of today's P/E.

Re: "I'm not looking for a quick rebound in Japan or the Far East yet."

Agreed.

Best wishes,

I2
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