Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 660.08

-0.8%

Nov 18 4:00 PM EST

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GROUND ZERO™

Pntrlady

the longhorn

To: GROUND ZERO™ who wrote (145073)	5/9/2020 12:20:36 PM
From: Katelew	3 Recommendations Read Replies (1) of 218957

Valuation measurements are out the window right now. Momentum is the game. When a $75 stock with a great franchise is trading at 15, it's a no brainer to buy. Even if it plunges another quick 33% to 10, it's uncomfortable but still OK. But when that $75 stock is trading at 65 with no earnings visibility, I find myself more uncomfortable than it was at 10.

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