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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (9087)10/9/2001 10:44:58 AM
From: Oeconomicus  Respond to of 57684
 
Good article. Thanks. I've made much the same arguments on a couple threads here, but the bears prefer to think that the S&P MUST go to single digit PEs, on trough earnings no less, before buying is safe. Some even suggest S&P earnings will turn negative (which they have NEVER done, BTW), so any price is too high for stocks. Pretty much the opposite of New Paradigm thinking.

Bob


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