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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Bill Martin who wrote (83880)6/13/2003 4:47:47 PM
From: Rock_nj  Read Replies (2) | Respond to of 99985
 
Isn't the market way overvalued here? I mean isn't the forward P/E on the S&P 500 something like 30+, when historically its been closer to 15 or so. The market must be, once again, anticipating a recovery later this year that may or may not come to pass.


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