Prof siegel

Jeremy Siegel calls bottom:

To support his views, Siegel also took a jab at market pessimists who claim that the stock market hardly looks cheap with a P/E on the S&P 500 index's trailing 12 month earnings in the range of 22 to 23 times. Siegel argued that the huge write-downs from financial firms (and General Motors GM, for that matter) have caused a "valuation gap" to open up, and that if you look at operating earnings, you'd see a much different picture--and a P/E closer to 17. He also referenced the past few market bottoms, noting that the trailing 12 month P/E ratios on the reported earnings for the S&P 500 at each of those market bottoms was significantly higher than what we're seeing today. Simply put, he doesn't believe the market is justified in assuming "trough level" earnings on a going forward basis...

When I point out this stuff..... You have to know... I find the more bottom callers.. the less likely it is.
I was looking at tech stocks..... WOW... there were some deals