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<p>[QUOTE=&quot;mikem2000, post: 3183447, member: 30574&quot;]Please explain. The Forward S&amp;P Ratio now stand at a bit over 17 and going down even as equity prices are rising.&nbsp; The mean S&amp;P ratio is just about 15 since its inception. We are also in a pro growth environment right now.&nbsp; How is that anything close to being WAY overvalued and &quot;Out of Wack&quot; Sorry you got burnt on the last recession, it was a doosey, but quite frankly all you needed to do was hold and keep buying as a normal Saving/Investment would have you and you would have made out like a bandit.</p><p><br /></p><p>[ATTACH=full]820731[/ATTACH][/QUOTE]</p><p><br /></p>

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