Friday, September 10, 2010

SP 500 PE Ratio Breaks supports...

SP500 PE Ratio has broken supports, next real support is in the 7 to 5 area. When looking at PE's I prefer to look at the Dow, which also has a lot more history. If it is any indicator or where support actually exists, then we are looking in the 3 to 5 area for support for PE ratios.
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