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ajtj99

05/07/03 10:09 PM

#105577 RE: TREND1 #105576

Are you changing the way you look at PE's ???
Are they now LOW enough for you to look for a "dead bear" ?



LOL! If you take the square root of them, yes.

I'm of the opinion that the bear will probably end with S&P GAAP trailing earnings at around a 20 P/E. They're around 33 right now if I'm not mistaken.