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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (35291)	12/16/1999 2:50:00 PM
From: Jacob Snyder	Read Replies (2) \| Respond to of 99985

re: "anybody not yet in?" Not quite yet. I had an email a few days ago from a doctor I used to work with. He said, "I'm thinking of getting into the stock market. If I'd started investing 4 years ago, putting half my salary into stocks like you've done, I could retire now." I replied, "The fantastic returns of the last few years are an excellent reason not to buy stocks now. Do you know what the market's PE is now, and what its historical range is? He replied, "What's a PE?"