ajtj's Post-Lobotomy Market Charts and Thoughts Message Board

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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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To: Jacob Snyder who wrote (72391)	10/18/2022 6:28:25 PM
From: Lee Lichterman III	4 Recommendations Read Replies (1) of 97567

I was listening to a room last night and they pointed out the valuation silliness we still have. AAPL pre 2015-2016 was still a real growth story and had a PE less than half where it is now. Same with MSFT. He pointed out that most of the top techs had mid single digit PE at the bottom of the previous bear markets. His point was we're nowhere near a bottom. Not even close. We haven't even had earnings start to drop yet.

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