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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Giordano Bruno who wrote (7430)	5/18/2008 11:46:28 AM
From: LTK007	Read Replies (1) \| Respond to of 71475

Whew where does WSJ get their 87????? i have, via Decision Point, SPX P/E presently at 21.54. Marc Faber view is market is pricing for 2nd Qtr 2009 and their projections are way too high, but that is the WS HUSTLE The Market now pricing to what they are told the P/E will be a year in advance now. This was , of course, never how the market was priced until Mutual Funds became an massive Industry, as opposed to cottage "industry" back before we started to become an equity based society around 1995.(Our society is now Ball and Chained to the Stock Market This is when they inserted NEW methods to buy on. Buffet has always said buying stocks on earnings projected by the WS is utter BS. The earnings projectiopn of 2009 are saying , a tiny wee slow down and WE ROAR again in 2009. The worst is over mantra from WS and its apeendage CNBC has penetrated the pinheads( those pinheads are in great part professional Money Managers). My broker had a CNBC video feed at his desk(he is 35) and he demanded it be REMOVED(he manages about 100million) but states the vast majority of professional money managers are no more astute then CNBC.And many many watch CNBC. The next 2 weeks ahead a biggy, because for all we know, the Power Boys have simply been setting up their derivatives to the short side, but this is NOT for us to know as we remain trapped in the room called "Where do you think the market is going"-- it sort of like being in trapped in Sartre's play No Exit:). Max Marc Faber has been saying for two months now,SPX high will be in 1450 arera.