This world is fast becoming a joke, but the hurt is just beginning. Your money keeps getting stolen by Bernanke to illicitly jack up the market and it benefits primarily the wealthiest. when the common people don't have money how will they get their profits? oh well, i guess the new standard will be 100 PE level, and not the 13 as the long standing average up to 1990.
yearly earnings of course, not quarterly.
I don't see that happening for many years, actually ever, unless Bernanke devalues our money by more than 10-fold more.
It is absolutely scary. I still short this outrageously high market and losing when I shouldn't. You are not rewarded for using your brain nowadays.
Entire stock market is a scam. We need to rebuild it. Please I urge you to check out that book and pressure Congress to force the SEC to adopt it. We can't go on as humans the way we are going. Se the rest of the real solutions at: proposed solutions (blog) spot site. I am serious about this. This bad game has run its course and it's time to end it forever.
I will tell u i buy back shares and then i give myself stock options priced for free..."investors" say stock buybacks are good, LOL
I want to raise the funds now.
We need a new system. One exists now and is in the book "God Gave You a Brain; Use It!" There's also a new scheme for proxy voting that would be helpful that's mentioned in the book.
The New York fed is illegally manipulating the market in buying S&P500 futures, making PE ratios 2X too high relative to what they would be in any bad time in the past.
the economy is in shambles and the PE ratio for the S&P500 is fully 2X too high relative to when it is 6-8 in bad times in the past.
It's the usual propaganda. The paid-off media was doing some tail wagging the dog routine.
Also seek the site: class action Fed (blog) spot to join together to sue the Federal Reserve in making these markets 2X too high based on PE ratios exhibited in a bad economy. Reporters do not mention the fact that the PE ratio for the S&P500 tends to 6-8 in bad times. The long term average up to 1990 is only 12.8, so why is it 30% higher than this long term average? It makes no sense and is hurting everyone who is investing, using their brain, and yet Bernanke is rewarding those who stupidly pay 2X too much for assets. This is financial corruption and thus Bernanke needs to be tried on treason and stock market manipulation.
So he is destroying me. From 19+ to 12 in under 2 months is insane. Our economy did not improve one iota in the last 2 months, in fact it got worse!
than to sell your soul going long in taking the money Bernanke stole from the American people.
and we know who they are
merely a fad