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Market Not Buying Forward P/E Estimates

Sorry about my first entry, I thot I'd be able to edit it.

We need more of this type of charting because 1) it is not
the type of thing you see on TV (hint hint - clicks "Mute"
button) and 2) it sparks good ideas that let one project into
the future and may encourage some people to buy SPX
puts (or whatever) to hedge their longs.

The fly in the ointment for bears (that's me, since I exist
in the real world) is the global situation. Chindia have tens
of millions of people constantly joining their version of our
middle class. They will demand western-style networking
(CSCO etc.) and housing (will LEN or TOL or HOV go
international?), equipment for raising animals for food (CAT,
DE etc.), fertilizer, and phones by the barge-load.

It's hard to figure how it all plays out when you combine it
with the fact that our entire financial system is deleveraging
itself into oblivion.

Market Not Buying Forward P/E Estimates

More of this type of stuff!

More I say!

Thank you.