Summary
Rule of 20, to december 2007, posted to site first week March 2008. We always run a little behind the market here, having to wait for the release of the inflation figures. Current chart indicates the market has plenty of room to keep falling this year. The market industrials p/e remains high by bear market standards, (13 to 14; 8 or 9 could be expected before this bear market – an end of real esta