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

To: zamboz who wrote (18066)	3/2/2009 12:32:32 PM
From: carranza2	2 Recommendations Read Replies (1) \| Respond to of 71456

I think a lot of companies will have no choice but to cut dividends, which will aggravate the downward march. I thought at one point that Dow 5K was the bottom. I am no longer so certain it is. We may see Dow 4K or even 3K. Overshooting the downside is a hallmark of a serious bear market. Who knows.

To: zamboz who wrote (18066)	3/2/2009 1:03:27 PM
From: LTK007	4 Recommendations Read Replies (2) \| Respond to of 71456

Current P/E for SPX500 as of 2/27/2009 was 28.90 to 1. Given the earnings for the next two quarters are seen by realist as being WORSE then this current SPX500 level is WAY TOO HIGH. Want scary? In 74/75 and 81/82 SPX did not bottom until about 7-1. But a P/E level of 15-1 is what would be reasonable(it hit that in 2002) in this Bear, and what price would that be to be now at 15-1, SPX500 of 382. The bleak forecasts are all QUITE REASONABLE. Any major rally would DEMAND we hit P/E not seen since March, 2000. People need grasp the P/E in the SPX is saying loud and clear, this market is OVERPRICED. Max