General Discussion
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(45,003 posts)Kick them out and bring in the professionals.
elleng
(130,972 posts)S&P 500
-7.53%
Dow
-8.12%
Nasdaq
-7.36%
4887123
(95 posts)Less than 2000 to go to wipe out all gains from what Obama left him. I bet when that happens he'll still claim it's a strong economy.
dawg day
(7,947 posts)because the Obama economic growth was slow and steady and real, so that's the point where there's real value.
I bet you are correct.
Awsi Dooger
(14,565 posts)Prior levels don't matter. Fundamentals don't apply. The only thing that can bump -- briefly -- is an oil agreement between Russia and Saudi Arabia
But then earning start to report in a few weeks and they are going to be brutal
at140
(6,110 posts)P/E on Friday close was at 24 based on average inflation-adjusted earnings from the previous 10 years,
16 is where it should be based on history from 1880. Stocks can easily fall another 30%.