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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Earlie who wrote (235904)	4/16/2003 10:09:47 AM
From: Knighty Tin	Read Replies (2) \| Respond to of 436258

Earlie, I know I should keep my mouth shut and just "do the opposite," but I am a complex guy and not just a contrarian. I'm also a world-class pain in the ass, and sometimes I have to feed that passion, too. A few weeks back we had a wholesaler in from a fund co. that I actually use and like and almost worked for at one time. However good the fund co., though, she is kind of a brunette version of a blonde joke. Good looking and smells great, but a breezeway between her ears. She said "the pe ratio on the S&P 500 is 18 times." I mentioned it was actually 32 times. She said, "where did you get a ridiculous number like that?" "Well, since it is the pe ratio of the S&P 500, I consider Standard and Poor's a good source. That's their number. It is published every single day in The Wall Street Journal, which you may have heard of. And it is low, because it doesn't price in options or realistic pension costs." Guess who didn't get any lovin' that night, no matter how many shares of her product I sold?" <G>