Which link? Not seeing your number.
Which link? Not seeing your number.
idiot investor wrote:
http://www.multpl.com
ii:
OK, sure got it. The site is using current level of S&P 500, and Last Twelve Month GAAP EPS from most recently completed quarter (Q3 2016).
2,370 / 89.09 = 26.60
So you're projecting PE dropping. That's good, right?
ii,
We are currently experiencing PE multiple expansion where earnings are advancing slowly, yet investors are willing to pay more for a unit of earnings. Historical data would infer PE multiple compression, where earnings fall and investors are inclined to pay less for a unit of earnings.
Igy
Ghost of Igloi wrote:
ii,
We are currently experiencing PE multiple expansion where earnings are advancing slowly, yet investors are willing to pay more for a unit of earnings. Historical data would infer PE multiple compression, where earnings fall and investors are inclined to pay less for a unit of earnings.
Igy
And what does all of this mean for the market?
It will continue to go up! Right?
Sure and that is why you should buy on the Thursday dip.
Ghost of Igloi wrote:
ii,
We are currently experiencing PE multiple expansion where earnings are advancing slowly, yet investors are willing to pay more for a unit of earnings. Historical data would infer PE multiple compression, where earnings fall and investors are inclined to pay less for a unit of earnings.
Igy
But you're projecting lower PE in the face of rising EPS.
No, but you can buy on the Thursday dip with Mellon.
Not no. You projected 21 and 24. Currently it's 26.
Sure, whatever you say Mr. Idiot. Buy Thursday on the dip with Blind Mellon.
Ghost of Igloi wrote:
What is the Detector Dude's story? Certainly seems detached from reality. Maybe really does live in mommy's basement. A diet of Top Ramen and Dominos week day $5 pizzas can do one in.
I have to think brain trauma.
I mean this guy uses a handful of posts over and over again but has no idea when to properly use them.
Not a functioning brain.
Mommy tires the lack of common sense and ambition; and the pizza delivery guy, well Detector Dude never tips.
Ghost of Igloi wrote:
No, but you can buy on the Thursday dip with Mellon.
You need to stop focusing and worrying about these mini dips.
Although I understand, since that's the only thing that has happened for any meaningful length of time over the 2 1/2 years of your doomsday scenarios.
Twice today K5 and Igy have posted within 1 minute of each other. Draw your own conclusion.
Detector Dude is a moron, make your own decision on whether to pay attention to any of his posts. Under numerous handles I might add.
Oh the irony!
Nice try, K5/Igy!
I am taking Igy's advice. I plan on buying Thursday on the dip.
Good idea. I will buy on Thursday's dip as well.
Igy is almost always wrong. His clients are abandoning him like Muppets on a sinking ship. You'd be crazy to follow his advice.