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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Terry Whitman who wrote (33175)11/6/1998 10:53:00 AM
From: Cynic 2005  Read Replies (2) | Respond to of 94695
 
<<Can you recall the SPX P/E ever being over 30?>>
It happens - usually, in recessions and bad economic times. Since we are in the midst of the "worst economic crisis in 50 years" I think PE of 30 is pretty low. You have to direct such questions to Bubba. he is the recognized leader in the financial world. -g-