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Strategies & Market Trends : Humble1 and Swing Trading Friends -- Ignore unavailable to you. Want to Upgrade?


To: POKERSAM who wrote (28841)5/20/2018 6:56:07 PM
From: scoot1212  Read Replies (1) | Respond to of 41176
 
Pokersam, I believe the records show that after every market that exceeds a 25 PE, that ratio always goes back down in a correction to single digit PE's, such as 7,8 or 9. We didn't get that during the financial crisis. It is still due. To do so, price would obviously drop, but what is interesting is that rising earnings would also help lower the PE. We currently have increasing earnings. Getting to an 8 PE could cut the market price in half, from the recent highs and thus, fulfill your target. ;) I will also say that my models are set for a frantic drop, starting as early as this month.



To: POKERSAM who wrote (28841)5/21/2018 11:39:27 AM
From: POKERSAM  Read Replies (2) | Respond to of 41176
 
Looks like 2742 will remain the high of (2). The market tried but at least till now has been unable to take that out.