Monday, August 24, 2009

SP500 at PE of 129

The PE of the S&P500 is 129...an all time high.

Pls click here to see an interesting chart of PE for the last 80 years...it normally remains upto 25...a very good indicator of the kind of crash that lies ahead in the US markets....
http://www.chartoftheday.com/20090821.htm?T

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