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> One of the things I have observed though, is that people who state their
> opinions beginning with the statement "the fact is", are among those who
> don't know what they don't know. And as such, they most often turn out to be
> dead wrong.
We could start with statements like "Nasdaq avg P/E over 100."
Morningstar lists the P/E of QQQ at 49 as of 10/31 and the price has
come down a lot since then so that should put it somewhere around 40.
--
Dennis
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