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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?


To: Hank Stamper who wrote (6079)6/21/1999 1:58:00 AM
From: Hank Stamper  Respond to of 15132
 
Interesting discussion on record low yields. It has comments on the record high p/e's and an historical chart of the S&P 500 p/e from the 1920s onward. The article is from last Fall but still--maybe even more--timely.

dlbabson.com

Ciao,
David Todtman



To: Hank Stamper who wrote (6079)6/21/1999 6:05:00 AM
From: Justa Werkenstiff  Respond to of 15132
 
David: Re: "On the other hand, I agree with Justa selling all will require some courage. "

Yes, such a move will require courage and conviction for one will doubt himself in the process because everything will look so rosy and promising to most everyone else at the time.