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 : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: macavity who wrote (41087)11/7/2003 5:10:52 AM
From: Snowshoe  Respond to of 74559
 
I think that this is 'The Plan'. Earnings will grow into Price and not the reverse.

That's the plan alright. But the high valuations leave investors vulnerable to a violent P/E contraction if we're hit by a severe external shock such as a terrorist attack or environmental catastrophe.