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agip
RE: Down goes the Dow

Ghost of Igloi wrote:

agip,

Momentum lovers ate the giant burrito CMG and got a side order of indigestion when the stock went from $758 in October to under $500 today.

That is what happens when market multiples reach a level were expectations and reality meet. Same will be true of the FANG stocks. There will be a rush to the door once Dracula arrives.

Igy


for pete's sake CMG went down because they made people sick with norovirus and e coli, not because of stock valuation.

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