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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: tyc:> who wrote (19697)9/8/2003 2:14:24 PM
From: LLCF  Read Replies (1) | Respond to of 39344
 
<only know what I"m doing, and why>

Sorry, I thought you were implying that money was flowing into US stocks because they were cheaper globally... and that is why they were going up... ie. the reason.

<I said that in Canada, stocks were more expensive than in the states>

Is that true? You mean on a PE basis?

Remember also the heavy commodity weighting of their index.... ie. earnings of many companies are going to ouperform historicals if one is looking at historical PE's.

DAK