SBM 3.17% $2.75 st barbara limited

recovery on its way

  1. 4,518 Posts.
    ive done some research into 1987 and found that in 87 the market crashed 45% in two days........and we now have experienced 44% crash over a period of one year.....the only difference was that in 1987 the market PE was above 20 times versus the markets PE of 15.5 times prior to this crash/entering of bear market. someone correct me if im wrong please, as i often am, but i think the market is much more undervalued now than at the same period of 1987, so therefore i agree that november,december we should see a powerful rally.....of course, im only basing this on history, and i could be well be wrong !!!!
 
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