I know this probably doesnt matter to most, but the last time we were at 2000, what was the avg P/E ratio? Or does it not matter in terms of relationship to past data?
In other words, is it the NUMBER 2000 that is important or the value of the current stocks in relation to their earnings and the 2000? There is now way in heck I am trying to argue this trend, just trying to figure out WHY and before jumping on the long train for good and not look back, I need to somehow convince myself there is more upside to this and why would more buyers keep buying at future higher prices inorder for me to profit other than just a Naz Number we are shooting for...