Thanks AMS. Wow CNBC just mentioned the 74 bear bottom, that was in George's article post, SPX p/e then 7, now in the 40's, LOL. They also mentioned how the SPX had sold down 48% from the top to bottom back then, but the Sept. 2001 SPX bottom was only down 37% from the top, so.......that implies only 11 more percent down from the SPX Sept. lows to match that, and the bottom is in, hehehehe, wow, that means new lows.
And, they're sweating the possible 3 years down in a row. Well, January was down, so........there's a good chance, so goes the year. |
