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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: edward miller who wrote (15018)1/24/1998 6:15:00 PM
From: 16yearcycle  Read Replies (2) | Respond to of 70976
 
"I don't often post here, just read, but I think you should
realize that if a bear market comes you need to look at a PE
on the Dow dropping to 10 based on prior bear markets."
Ed,

I think of this as risk management, and an investor must be prepared for all possibilities, but answer these 2 questions for me please:

1. When was the last time the dow had a pe of 10?
2. When was the last time the dow had a pe of 10, with the long bond at 5.9%?

Let me know what you find.