Bill Wexler's Profits of DOOM Message Board

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Strategies & Market Trends : Bill Wexler's Profits of DOOM

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To: Bill Wexler who wrote (3045)	9/25/1998 5:29:00 AM
From: valueminded	Read Replies (3) of 4634

Bill: Interesting, and now for the counterpoint. Consider the SP500 Price / Book still way over historical averages Price / Earnings still way over historical averages Price / Dividend still way over historical averages Dollar is weakening = outflow of foreign capital Earnings growth is slowing (Expect less than 5% next year) Liquidity is tightening Lots of sheeple still are buying the dips. Waaay too much optimism in this market

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