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husk

02/17/05 9:01 PM

#27682 RE: Gizmo #27674

Gizmo...."S&P PE ratio is near 21%, grossly overvalued by historical standards."

Honest, maybe dumb question.....in this world of inflation, can the historical standards be expected to be the same as, say the 1960's????

Wow, a decline to a PE of 10%.....that would be an economic tsunami of epic porportions.