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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?


To: RKHIII who wrote (10035)8/8/2001 10:38:58 PM
From: ChrisJP  Read Replies (1) | Respond to of 208838
 
Hi RKHill, P/Es are still too high by historical measures. Something like 20% overvalued (AT LEAST) for the S&P500 and probably 40% overvalued for the NASDAQ.

Sooooo maybe S&P500 should be at 900 to 1100 and NASDAQ should be 1200 - 1400 ? I'm pretty sure that is lower than where they are now.

Chris