<Is the S&P 500 over valued or fairly valued and why?>I don't think I have an answer to that question but it has concerned me for some time now.What I do know is, on 4/1/98, when I first started investing in this index, it stood at 1108.15. It closed on 2/28/02 at 1106.73.Now, if it is over valued now, I hate to think what it was when I decided to invest in it back then!!??I'm beginning to think my investment decisions are causing all this market grief. <grin>Sam
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