XJO 0.67% 6,091.0 s&p/asx 200

I said it would be nice, but I wasn't expecting it as the market...

  1. 95 Posts.
    I said it would be nice, but I wasn't expecting it as the market was not ready for it as it needs to finish it's overbought process from it's current bear market rally/dead cat bounce/fund-end-of-october window dressing.

    Once they've finished rearranging the deck chairs on Titanic all will be revealed as to the market direction.

    S and P 500 is on 12.12 times earnings (P/E) going into a recession of economy-wide negative earnings!!!!!!!!!!!!!

    Read that last sentence about 16 times and think about it long and hard.

    http://www.marketwatch.com/quotes/spx

    As the song says, "nothing else matters."

    True value and fundamentals will soon prevail in November.

    We'll see who has the last laugh my fine feathered friend.
 
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