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


To: Terry Whitman who wrote (16274)2/12/2003 10:53:17 AM
From: patron_anejo_por_favor  Respond to of 19219
 
<<I believe the average P/E on the Nikkei at the peak was 85. Roughly twice the peak SPX>>

Only if you believe the accounting that produced those "earnings", and don't expense options.

<<In addition, they had a massive real estate bubble, that is still being written off.>>

True, but ours hasn't even started to be written off!