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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: estatemakr who wrote (8435)11/19/2007 6:17:14 PM
From: MulhollandDrive  Respond to of 33421
 
well, if you believe that we are heading back into a disinflationary cycle like we were in during the 90's that allowed for expanding PE multiples, then i would agree, prices are cheap

but i don't agree that we are headed in that direction...it would appear to me that stagflation is happening NOW and will continue

guess this little disagreement is what makes a market<vbg>