SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Dow 4000! -- Ignore unavailable to you. Want to Upgrade?


To: Brinks who wrote (48)9/20/1998 11:15:00 AM
From: Brinks  Respond to of 140
 
Whoa......From the Seattle Times, 9/20/98, Wall Street Recap by Greg Heberlein:

"What do we do now? Buy? Consider this: The average price-earnings ratio the past century has been 14. This bloated market ballooned that ratio to a record 29. The downdraft since July 17 reduced it to 25. That means we're still about 80 percent overvalued. And to get even for the past 16 years of soaring values, we may have to trade under a 14 PE for awhile. Like years."