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  • Five Ways This Bubble May End [View article]
    Forward earnings could certainly suggest "bubble" > 20x current price levels.


    On Apr 20 07:33 AM Cetin Hakimoglu wrote:

    > Sorry, but It's fallacious to call this a 'bubble' when PE ratios
    > are still very low. If the S&P 500 had a PE ratio of 20 it would
    > be in the 1,400 range. Obama won't let GM go bankrupt because he
    > needs union votes in 2012. However, the failure of GM wouldn't have
    > negative ramifications. And what if the economic recovery does come.
    > Then what?
    Apr 20 12:55 pm |Rating: +1 -1 |Link to Comment
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