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Post# of 704049
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MKT_entropy

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MKT_entropy

Re: mlsoft post# 105122

Tuesday, 05/06/2003 9:23:08 PM

Tuesday, May 06, 2003 9:23:08 PM

Post# of 704049
mlsoft, how many times in the last 20 years have we had a self-sustaining rally starting from similar valuations? If we have, to what ridiculous valuation levels would the market get before retracing? I do not know the answer to those two questions, but I think that going from P/E 30 to 40 would be a rather iffy proposal.

M_e

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