Replies to post #106862 on Zeev's Turnips Patch-No Politics (ZEEV)

[seabass]

>>>The bear market lows will see the big averages selling at 5 to 8 times earnings, not the 25 to 30 times earnings which we see today.<<<

Not a lot of believers in that theory right now, never was actually throughout this whole bear. Did valuations in any average ever dip below 15?

[mlsoft]

Dan...

I just now got around to reading the Russell letter - he makes some very good points on both the economy and the markets that fit well with Roach. I am in agreement with both of them - as soon as this rally is over we will tank and I do not think it will be pretty.

Unless, of course, the Greenspan Gambit is successful. Nahhhhh.

Thanks for the article.

mlsoft