Off-Topic: We saw it coming
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Name:   MAJ USA RET The author of this post is registered as a member - Email Member
Subject:   We saw it coming
Date:   12/26/2018 12:41:11 PM

 

All of my friends, who have portfolios, agree… we are (were) overdue for a BIG adjustment in the stock market.  Most stocks are (were) way overvalued… especially tech stocks.  The most volatile stocks are the tech stocks… based on intellectual value and sales revenue.  Look up the PE of the stocks suffering the most. They generally have a PE greater than 30. Some of the “vaporware” tech stocks have a PE over 100.  The recent, inordinate rise in stock value seems to be more attributable to euphoria rather than value.  We’re now having an overdue correction.

Been here before… don’t have a 3rd story window to jump out of.  I guess I’ll have to just go on living… holding… buying.

Other messages in this thread:View Entire Thread
Are The Numbers Real???? - GoneFishin - 12/24/2018 4:30:11 PM
     Are The Numbers Real???? - Carlson - 12/24/2018 6:24:06 PM
     MERRY CHRISTMAS - wix - 12/24/2018 6:25:12 PM
          Wix... - Lifer - 12/24/2018 6:28:32 PM
               Wix... - wix - 12/24/2018 6:40:05 PM
                    Merry Christmas GF - architect - 12/25/2018 10:22:54 AM
                         BTW - architect - 12/25/2018 10:28:04 AM
     A coincidence? - MartiniMan - 12/26/2018 10:33:13 AM
          We saw it coming - MAJ USA RET - 12/26/2018 12:41:11 PM
               We saw it coming - CRD - 12/26/2018 3:03:58 PM
     Well today didn't help Goofy's thesis - MartiniMan - 12/26/2018 4:31:51 PM
          Now's a good time to walk your horse - MAJ USA RET - 12/26/2018 5:38:39 PM
               Now's a good time to walk your horse - Carlson - 12/26/2018 6:22:00 PM
                    Now's a good time to walk your horse - GoneFishin - 12/26/2018 6:42:35 PM
                    Now's a good time to walk your horse - MAJ USA RET - 12/27/2018 9:03:26 AM
                         A suggestion - architect - 12/27/2018 10:24:33 AM
                              A suggestion - CRD - 12/27/2018 1:37:02 PM
                                   A suggestion - phil - 12/27/2018 1:45:50 PM
                                        Hey CRD and Phil - architect - 12/27/2018 2:19:21 PM
                                             Hey CRD and Phil - phil - 12/27/2018 2:26:34 PM
                                                  Good grief Phil - architect - 12/27/2018 6:20:45 PM
                                                       Good grief Antifatech - phil - 12/28/2018 8:50:00 AM
                                             Hey CRD and Phil - CRD - 12/27/2018 8:26:04 PM
                                                  Good grief Phil - architect - 12/27/2018 11:27:44 PM
                                                       Ah what? - Good grief Phil - MAJ USA RET - 12/28/2018 12:04:45 AM
                                                       Good grief Phil - CRD - 12/28/2018 10:23:13 AM
                                                            Money makes the world go around..... - Carlson - 12/28/2018 12:12:11 PM
                                                            I provided the facts - architect - 12/30/2018 1:59:18 PM
                                                                 I provided the facts - CRD - 12/30/2018 9:11:00 PM



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