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


To: TobagoJack who wrote (17282)3/23/2002 10:20:53 PM
From: westpacific  Read Replies (2) | Respond to of 74559
 
Jay, Bloomberg has the 12 month trailing PE for the S&P at 62!!!

High is an understatement.

In addition I posted this on another thread:

NAS HISTORY

1971 - 100
1982 - 200
1990 - 500
1995 - 1000
1998 - 2000
2000 - 5000
2002 - 2000

My prediction:

2005: 1000
2010: 500

Fits with the head and shoulders formation on the long term chart.

All the best to you



To: TobagoJack who wrote (17282)3/24/2002 6:40:46 AM
From: elmatador  Respond to of 74559
 
War is now conducted by civil servants in uniform.