Just a side note. The P/E ratio for the DOW at present is 15.5. Pretty much the same as the All Ords. The forward P/E ratio is 13.9. The average P/E ratio since 1950 has been 16.6. If the DOW does drop as suggested then I think this could be a fantastic buying opportunity.
Food for thought
cheers
Just a side note. The P/E ratio for the DOW at present is 15.5....
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