Yes:
PE = S&P500 = DOW
10X = 575 = 5,580
8X = 460 = 4,460(highest previous)
7X = 400 = 3,880(average previous)
6X = 350 = 3,400
5X = 300 = 2,910(lowest previous)
It is amazing to think isn't it that the markets fell to these relative levels in the past?
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- this is 1929 repeating
this is 1929 repeating, page-247
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