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Archive for March 2, 2007

What Bargains On Wall Street?

Let’s just face it. They’re really no bargains on wall street. Even, after the recent losses in the market. I am tired, of the news telling me to look for bargains. While, the S&P500 Average P/E is around 22, give or take. Think about a P/E of 22. Is this a bargain? I wouldn’t consider this a bargain. At this rate, It would usually take several years. For the fundamentals to catch up with my investment.

With the market falling lately. It reminds me how long. It will take for the stock market to be at it’s top. Is it at the top now? Probably not. Still, I believe strongly that its coming again.