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The PE on S&P 500 is 18 : http://finance.yahoo.com/q?uhb=uh3_finance_vert&fr=&type=2bu...

The PE on Technology Select Sector SPDR ETF is 19 : http://finance.yahoo.com/q?uhb=uh3_finance_vert&fr=&type=2bu...

Based on this measure, tech and general market are priced similarly.



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