To: BooBoo1000
I'm one of those people parked on the sidelines. Have been for 2 1/2 years now. I've considered going long again, but the P/E ratios for mosts stocks are still too high. This is a bear market, the average P/E of the S&P 500 should be somewhere around 10/1 or less. Instead it is closer to 30/1. Stocks prices still have a ways to go down, IMHO.
30 posted on
04/20/2003 6:18:18 PM PDT by
Billy_bob_bob
("He who will not reason is a bigot;He who cannot is a fool;He who dares not is a slave." W. Drummond)
To: Billy_bob_bob
mosts s/b most. Typo.
31 posted on
04/20/2003 6:19:14 PM PDT by
Billy_bob_bob
("He who will not reason is a bigot;He who cannot is a fool;He who dares not is a slave." W. Drummond)
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