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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: J.T. who wrote (13301)7/12/2002 2:17:06 AM
From: Softechie  Respond to of 19219
 
When you look at historical norm. SP500 P/E is about 5-7 in the bear years. We're not even close. This market still has plenty high speculation for V-shape recovery.

Trough is hard to define now but I see SP500 at 600-700 from here.