tisonlyi

There's a long, long way to go yet.

As for the stability in 'indicators' (which are only indicators until they don't work anymore), pshah. Horse.

If you're looking for a bounce, don't go thinking it'll last too long. P/E at the end of a standard bear market are much lower than they are right now.

[Oh, and just think, these comparisons with 10-15 years ago levels on Dow and S&P... The dollar is worth about 50-75% of its purchasing power back then, depending on whose stats you look at... Interesting.]

__________________
"I do not agree that the dog in a manger has the final right to the manger even though he may have lain there for a very long time. I do not admit that right. I do not admit for instance, that a great wrong has been done to the Red Indians of America or the black people of Australia. I do not admit that a wrong has been done to these people by the fact that a stronger race, a higher-grade race, a more worldly wise race to put it that way, has come in and taken their place." - Winston Churchill, 1937 --{ORLY?}--