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

To: Softechie who wrote (96472)	7/20/2002 10:33:25 AM
From: DebtBomb	Read Replies (2) \| Respond to of 99280

I don't know. But, what's the S&P P/E, 25?? And, it hits about 10 at real bear market bottoms. gggggg I don't think it will go that low anytime soon. But, maybe a 15 P/E wouldn't be out of the question within the next year. Where would the S&P be then?? Almost chopped in half. ;-O Stocks are friggen expensive, no one can deny that. I don't know if we'll capitulate or not, too many calling for a bottom. On the other hand, I don't see how we'll bounce much either, people ain't buying this stuff.