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To: chic_hearne who wrote (26285)10/10/2000 2:21:58 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
yes...but i'll have to dig it up. in the meantime, the NAZ p/e fluctuated between 15 and 45 for the 20 years preceding the bubble, and finally in '95 broke out to the upside. its ATH was 256 or thereabouts in March this year.

that's only about 4 times worse that the Nikkei's ATH p/e at the '89 top.

but it's now "much less of a bubble that it was at the beginning of the year" to quote McClueless.