P/E S&P 500 Level
10X 575
8X 460 (highest previous trough low)
7X 400 (average previous trough low)
6X 350
5X 300 (lowest previous trough low)
In short, if the S&P fell straight to the high-end of its previous trough range (8X PE, or 460), it would fall another 35% from today's level (700)
If the S&P fell straight to the low-end of its previous trough range (5X PE, or 300), it would fall another 55+% from today's level.
다우지수 5,000 포인트니 하는 바닥 예측에 관한 글, 결국은 아직 35%에서 55%, S&P 500 지수로 460에서 300포인트 까지도 빠질수 있다는 이야기...