From: scerir (scerir@libero.it)
Date: Fri Nov 02 2001 - 15:07:17 MST
Charting price-earnings ratios (p/e) using one-year trailing earnings,
it's easy to see that these ratios [S&P 500, p/e >> 25] are above any
time in history, excluding the 1999 - 2000 bubble, including the 1929.
More pain than gain.
-s.
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