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In absolute terms, the forward P/E of the OSX is trading at all-time lows, -50% below the 10-year average and almost 2-standard deviations away from the mean. The current 12-month forward P/E of the OSX is 11.0 The previous forward P/E trough was 10.8 times reached in January of 2007 when...

Dollar "bounce" is over with. Time to buy oil and the energy sector again . . . especially as Beijing's Paralympics comes to a close on Sept. 17th and the 5 surrounding provinces crank their industrial complex back up! :)

Euro rallies and the Crude will rally HARD!!! Buy the energy complex ( except refiners ). :cool:

Folks, the market is flying in after-hours. The SPY is indicating that the futures will be +16.00 on Monday! :)

True.

FNM just traded down to $5.90 GS +$5.00 after-hours.

Mup, But can you imagine how much fun it would be to head ALL the way back UP to the .618 at 1348-ish first and get EVERYONE BULLISH??? :D

You mean you didn't get the memo? :eek:

According to the WSJ, the Treasury Department will announce this over the weekend. Check out the AH on Fannie and Freddie. Seems to be confirming the "rumor"/news.

Rumor that Fannie and Freddie will be "backstopped" by the Government. An announcement due out over the weekend, so it has been rumored. :)

Rumor that Fannie and Freddie will be "backstopped" by the Government. An announcement due out over the weekend, so it has been rumored.

Drillers and Natty-Gas stocks rallying STRONGLY into the close.... helping push the S&P up!

One of the better FREE meteorology websites out there . . . Dr. Jeff Masters. Hanna is heading towards South Carolina it appears, and IKE is running into some Big Time wind-shear that is eroding away the northwest portion past the eyewall. Trough of Low Pressure will be the key as to...

How funny that all of the resident FED "bashers" on ET severely criticized them over their 3/4 point rate cut way back in January ( nearly 8 months ago ). Gee, I wonder where the Economy would be right now if they hadn't cut rates back then? How many major bank failures would there have...

Newsflash: I am a REPUBLICAN. I'm just sick and tired of seeing the Republican Party pander to these religious freaks who feel that it is "God's Will" for us to be in Iraq and that it is "God's Will" to build a pipeline from Alaska to the lower-48. Is it also "God's Will" to be a...

Iraq war, Gas Line God's Will, Palin said By GENE JOHNSON The Associated Press (09/04/08 01:50:16) Alaska Gov. Sarah Palin told ministry students at her former church that the United States sent troops to fight in the Iraq war on a "task that is from God." In an address last June...

Brilliant logic. I see that the "dumbing-down" of America is still alive and well. Sarah Palin is a self righteous, conniving, power hungry, control freak, who has tried to take away the basic rights of all Americans, and would try to do so if given more power. 1)Her husband was a member...

It's amazing what the ability to read off of a teleprompter can do for right-wing Republicans on ET. We're talking about reading a speech off of a freaking TELEPROMPTER people!!! And yet people think that she is the greatest thing since sliced bread. Simply amazing. And people wonder how...

Congratulations! Palin was able to read a well-written speech by her speechwriter on a teleprompter. BFD. Notice how she never touched upon how "great" the last 8 years have been??? Get real folks.

Leave it to a fool such as yourself as to think that there is a "safety-net" for Bill Miller. Welcome to ET, moron.