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


To: Haim R. Branisteanu who wrote (44841)4/4/2000 9:16:00 AM
From: Les H  Read Replies (1) | Respond to of 99985
 
The median P/E is probably rising as the NYSE rises since most of the Nasdaq P/E's are gross outliers. Dropping a P/E from 350 to 250 is not going to change the distribution above and below the median of 15-20.