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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: MeDroogies who wrote (2837)4/5/2001 2:49:33 PM
From: tradermike_1999  Read Replies (2) | Respond to of 74559
 

How come nobody has focussed on my other point, from the Economist? That PE ratios rose wildly during the 20's, fell drastically after the crash, but never went back down to the levels prior to the crash?



Because it doesn't make any sense. How can the P/E ratio reach a peak, then collapse, and still be higher than what it was at the peak after it stopped falling? Maybe I am missing something.



To: MeDroogies who wrote (2837)4/5/2001 4:42:42 PM
From: Mama Bear  Read Replies (2) | Respond to of 74559
 
I may not be able to define pornography, but I know it when I see it.

Regards,

Barb



To: MeDroogies who wrote (2837)4/5/2001 5:20:46 PM
From: LPS5  Respond to of 74559
 
Futures traders are speculators

Some are speculators. Others are hedgers, with a bona fide, real-world interest in the commodities (agricultural, industrial, or financial) covered by the contracts.

LPS5


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