[AndyJackson]

And what is the P/E on the S&P 500 today? What is the 100 year trading range on this number?

[bIlluminati]

I figure we may go to the bottom 10% of average P/E ratios over the last 100 years. Right now, rich Muslims around the world are creating financial chaos in hopes that their candidate, the rich Muslim Barack Hussein Obama II can steal the Presidency. So sell puts that expire in February and beyond, and trade the plummets and rallies.

[Cold Heat]

It was 16 earlier, before the crash this week. I suspect it is around ten.

For a historical perspective, one has to do a lot of research as some have done. I don't have a up to date figure, but it is sufficient to say that the index now is very oversold.

http://www2.standardandpoors.com/spf/pdf/index/SP_500_Factsheet.pdf