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Post# of 704019
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augieboo

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augieboo

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Re: TJ Parker post# 120156

Tuesday, 06/17/2003 10:50:16 AM

Tuesday, June 17, 2003 10:50:16 AM

Post# of 704019
it's not showing that things are "almost like the 30's"

Nope. It's not intended to, either.

I posted it in response to your claim that the bottoms of a bear markets are characterized by PEs in single digits.

I think the evidence shows that your statement is one of those commonly held beliefs which does not withstand close scrutiny.




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