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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: William H Huebl who wrote (57748)5/7/2002 6:43:11 AM
From: Skeet Shipman  Read Replies (1) | Respond to of 94695
 
No not another 9/11. An old fashion PE contraction. We headed down then not back up. Market evaluations have been based on the assumption of high earnings growth next year. It is becoming obvious there will be little growth. Maybe we'll get the average PE's closer to 14.