actually someone in the know told me that S+P500 is expected to easily go up to 1800 cause the research goin round is saying that many of the co's in S+P are trading around 15 PE avg - which is still undervalued for a monster bull market we're having.
True - the DOW companies have only recently woken up after all these years; S+P now too.
The avg PE has been lower for US mkts than other mkts
actually someone in the know told me that S+P500 is expected to...
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| XJO (ASX) Chart |