Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Mike M2 who wrote (63131)	6/24/1999 1:25:00 PM
From: benwood	Read Replies (1) \| Respond to of 132070

Ed Yardeni publishes his own formula that he grabbed from AG himself, and it showed an all-time peak of the stock market being overvalued by 45% a couple days ago, down to "just" +44.5% yesterday. This measure takes into account interest rates and forward P/E (which of course is always suspect, too, but probably on the high side. Note that the peak in '87 was only +34% (overvalued). Now, THERE's a comfort! But I'm not worried, I heard this market will be different. yardeni.com