Friday, December 12, 2014

The market is severely overvalued and headed for a significant correction.


The market is absurdly overvalued, as evidenced by the following stocks with the following P.E.s: AAPL, 17.1; GILD, 16.4; DAL, 4.3; MU, 13.7; TTM, 12.8; QCOM, 16.2; CBI, 7.2; MTOR, 4.9; KEP, 9.9; DAC, 13.8; DST, 9.3; YPF, 9.1; etc., etc., etc. Yup, there's no doubt that in this absurdly overvalued market, we're headed for a huge market correction.







Submitted December 12, 2014 at 10:07AM by AppleExpert69 http://ift.tt/1GjO0gQ

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