pegasus
Mecca V.I.P.
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- Joined
- Jul 13, 2006
- Messages
- 487
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- 18
I just came across this graph earlier today, and based on what I can see here, the price of the S&P 500 should go down a further 50% (~$350), before the shares reach a decent P/E ratio, which means despite the big drops, they are still over priced.
So basically things will have to go back to around 1990's levels!! Nice work greenspan :bball:
So basically things will have to go back to around 1990's levels!! Nice work greenspan :bball: