LONGING THE DOW+FTSE-MASSIVE RALLY AHEAD-part 5(run upto Xmas)

Ian, I applaud your persistance in trying to educate Mike and friends but I'm afraid they wouldn't know much about a P/E ratio if it slapped them between the eyes. You and I both know that we are not a bunch of doomsters predicting the end of the world, more a bunch of realists trying to prevent people getting sucked into the Bear rally that we have just experienced.
Mike, of course there is no inflation in the states at present, it doesn't take a genius to work out what is coming their way though, DEFLATION! What will all the interest cuts do for businesses then old chap!
Have a great Christmas guys, lets all meet up on this thread in the New Year, the year of the ?
SG