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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (4236)	8/20/2016 10:33:01 PM
From: Robohogs	1 Recommendation Recommended By Kirk © Read Replies (1) \| Respond to of 26800

Guys, the bears are out in a force I have not seen before. The new claim being made is median valuations are the highest ever. 17.5 forward PE does seem high. But I have a hard time even considering the greatest overvaluation issue when Nazz at levels from 17 years ago and considering AAPLE and Gilead and Biogen and Celgene and their earnings growth and PEs. Even Amazon though its PE is nuts. Everyone aleays makes these valuation arguments EXCLUDING 2000 methinks. BUT that is environment closest to today. Free money.