SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: LTK007 who wrote (11901)10/22/2002 6:16:21 PM
From: Win-Lose-Draw  Read Replies (2) | Respond to of 30712
 
it isn't safe to buy until SPX is at MINIMUM 18-1

i do believe you have an extra "1" in there somewhere...not exactly sure where, though...

-g-



To: LTK007 who wrote (11901)10/22/2002 6:35:11 PM
From: h8_2_b_l8  Respond to of 30712
 
The truly scary part about all that is the current 2003 earnings estimates are for 47% earnings growth!

Get some realistic earning estimates, stick that into a Fed model and see what you get!

Even based on next year's earning (over)estimates the S&P is still trading at a forward P/E of 24.56.