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

To: shoreco who wrote (273396)	1/11/2004 9:49:33 AM
From: Fiscally Conservative	Read Replies (1) \| Respond to of 436258

shoreco from a previous post. "According to the Wall Street Journal, the S&P 500 is trading at 28 times trailing earnings and 20 times 2004 estimates. The Nasdaq is at 63 times and 39 times, respectively, while the Russell 2000 has negative trailing earnings (hence, no P/E) and is trading at 41 times 2004 estimates." If that is true,and the estimates for forward PE guidance,2004,are to be believed then one must nor ignore that small caps should outperform all other indexes in 2004 for yet another year,lol. I am not saying this will happen,but I have my money on it.