Subject: Re: Bubble Watch
I have no idea if these numbers are accurate - it came from Google Gemini, but it passes the smell test.

Forward PE ratio for Equal Weight SP-500 is 17.37, so if the market corrected by say 10% then this would get back into the 15s... which again hardly smells like a bubble...

tecmo
...

PS: Not sure if mungofitch reads this board, but I am confident he would have these numbers...