Zeev's Turnips Patch-No Politics (ZEEV)

[John126]

<<2. Check out the average P/E ratios. STILL too high.
3. Check into the debt situation. All time highs for personal and government debt. Not pretty.>>

All I am saying is that it is possible the extreme lows is the added weight of 9/11 on top of the bubble.

Could enron/wcom/global crossing have lasted a few more months without 9/11? Did 9/11 precipitate a thrust down that impacted these companies in the credit market?

Are Es of PEs now lower due to the effects of 9/11 resulting in this 'value adjustment' of lower stock prices resulting in high debt to equity ratios? All I am saying is they hit us harder than most admit.