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Recent Market Commentary: 11/13/08   TARP Bailout Shifting Focus 11/6/08   Obama May Want to Demand a Recount 10/30/08   Ideology 10/23/08   Greenspan's Mea Culpa 10/16/08   Market Now Fairly Valued--But Not Cheap 10/9/08   How Low Can It Go? 10/2/08   We Hope to Be Wrong 9/25/08   Market Problems Far From Over 9/19/08   Treasury Bailout--Interim Comment 9/18/08   More Predictions 9/11/08   Government Bailouts 9/4/08   Why Does it Make Sense to Use Operating Earnings? 8/28/08   What is the Real Housing Decline? 8/21/08   Movie I.O.U.S.A. 8/14/08   Stay The Course 8/7/08   Sub Prime Mortgages –Tip of the Iceberg 7/31/08   Still in Rally Phase between Concern and Fear & Capitulation 7/24/08   Rally between the "Concern Stage" and "Fear & Capitulation Stage" 7/17/08   It's All About Housing 7/10/08   Explanation of the Predictions Made Last Week    Next >> Search Archives: We wrote a special report titled "What is the Real P/E?" back in February of this year which most of you read (on the left side of our home page).  Barron's magazine has decided to print this article in "Other Voices" this weekend, so we updated the report to reflect the most recent P/Es for the earnings reductions.  This can be seen in Barron's this weekend, but we will reproduce the report for you tomorrow night on this website.  We hope you will enjoy reading it again with the new revised numbers.

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