S&P P/E at 10 year lows

Discussion in 'Trading' started by iceman1, Jun 7, 2006.

S&P will make new highs by late July?

  1. yes

    1 vote(s)
    16.7%

  2. no

    3 vote(s)
    50.0%

  3. a lot more downside

    2 vote(s)
    33.3%
  1. iceman1

    iceman1

    does this bode well for a Summer rally back to recent highs ?
     
    #1     Jun 7, 2006
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  2. Bitstream

    Bitstream

    we cud have a retracement similar to that of 2004 and then rally back to take out previous highs...but that might not happen before end of aug-beginnin' of sept.
     
    #2     Jun 7, 2006
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  3. iceman1

    iceman1


    your scenario is more probable except for the large recent sell-off which "could" skew the typical seasonality!
     
    #3     Jun 7, 2006
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