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

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To: wooden ships who wrote (5938)7/14/1998 6:14:00 PM
From: MrGreenJeans  Read Replies (2) of 42834
 
Overvaluation Concerns

Standard and Poors 500 Index

1997 trailing PE 1177.58/$46.80= 25.16xs

1998 Projected PE 1177.58/$50= 23.55xs

1999 Projected PE 1177.58/$52.50(?)= 22.43xs

Anyone share my concerns? Or is everyone here flying high as in the movie Top Gun??

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