Thread: Global Downturn today - what are your thoughts?
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Old 02-28-2007, 10:16 AM
Mempho Mempho is offline
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Default Re: Global Downturn today - what are your thoughts?
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Earnings just don't support the current prices.

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I thought I heard that the average PE today is something like 14 and that this is not troubling by historical standards. I have not seen historical data about PEs but would be interested in seeing this data but dont know where to look for it. Anyone know a source?

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I heard Cramer say the same thing...time to break out the spreadsheet. A 14 PE is very buyable.
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