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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: LTK007 who wrote (71906)5/30/2002 4:00:47 AM
From: Psycho-Social  Respond to of 99280
 
Psy, i am sorry i will never agree with your disregard for P/E ratios
We don't disagree about the valuation issue - just about the timetable for the compression back to or below historical norms. You seem to expect it to occur over the intermediate term, perhaps a few years, whereas I believe it will happen gradually over the long term, with intermittent reversals, between now and the middle of the next decade. Time will tell.


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