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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: Canuck Dave who wrote (41589)3/22/2001 7:55:32 PM
From: LTK007  Respond to of 56537
 
Dave,Russell states in a bear Market,when stocks become in reverse momentum,the historic P/E for the DOW stocks is 10 to 1---which gives a DOW between 4,000 to 5,000---i am learning more and more about bear market P/Es :) it is the "flip-side" of mania.
Also learned Bear Markets on averge last 1/4 to 1/3 the length of the Bull Market that preceded it.
This Bull Market was one very long Bull.max