The SPX has hit a cyclical top

[SunTrader]

Multiples.. haha. So few people understand them. They use multiples from the 40’s and compare them to today. There’s plenty of upside.

It's different this time huh?

Where have I heard that before.

 

[destriero]

Multiples.. haha. So few people understand them. They use multiples from the 40’s and compare them to today. There’s plenty of upside.

I posted four SNs above. The multiples aren't on AMZN... they're established and not skating on marginal profitability. Use revs, whatever you like.

Bet me $10K on the O/U on the above four names.

 

[treeman]

I don’t do individual companies. Sorry.

 

[El OchoCinco]

The more you guys get hard over the bull market the more I want to short today haha...

 

[volente_00]

DEMTDAYBOYZ think otherwise

ES +28 since this top call

 

[volente_00]

The more you guys get hard over the bull market the more I want to short today haha...

Patience my friend

 

[volente_00]

I wonder why the original post has disappeared?

 

[destriero]

I don’t do individual companies. Sorry.

You don't have to short 'em; we're using their prices for any wagers. You're not Graham & Dodd.

#excuses

 

[destriero]

DEMTDAYBOYZ think otherwise

ES +28 since this top call

23, great arithmetic, tho.

 

[treeman]

It's different this time huh?

Where have I heard that before.

If by different, you mean more of the same, then yes (green numbers are P/E ratio):

Most times I think I'm the only one who does their homework. But that's good for me, and bad for everyone who drinks from the conventional wisdom fountain.