seattle prattle wrote:
So it would appear that the current P/E levels have a wapping 30% more to rise before they would reach the peak before the dot.com downturn. That's a high percentage. Especially given that we've just seen a corporate tax cut plan enacted that is a once in generation kind of opportunity.
Ghost of Igloi, how are you doing? This day after day of new record highs can't be a lot of fun for you. I mean, really.... do you have any second thoughts? I know i would.
Yes that comparison to the Tech Bubble should give you a lot of bravado. Do you realize the NASDAQ dropped 82% only to get back to even in spring 2016.