Stock Market bubble - will crash

[nobody 2,739]

28 minutes ago, Ron_Artest said:

The dot com bubble burst in March 2000.  The era was the late 90s till the burst.  It was 28.5 when it burst.  The article is not wrong.

This dude thinks P/Es go up when stock prices go down?  

[nobody 2,739]

Dang it.  I just fast forwarded this discussion in my head...

Let me preempt all that BS and preemptively state that in a highly speculative market like dot com era it's probably best to look at price to sales as opposed to price to earnings since most of these speculative companies have no profit.

[nobody 2,739]

Also, to whoever said the market is going to go down for a bit if they cut rates, you're high.  Look up the phrase "don't fight the fed"

Only reason market would go down is if they don't cut as much as the street was expecting.

[Horseman 2,608]

36 minutes ago, Ron_Artest said:

The dot com bubble burst in March 2000.  The era was the late 90s till the burst.  It was 28.5 when it burst.  The article is not wrong.

You should stick to fruity beer.  

[Ron_Artest 1,758]

8 minutes ago, nobody said:

This dude thinks P/Es go up when stock prices go down?  

When the E drops faster than the P, yes, it happens.  Just look at a chart.

[nobody 2,739]

13 minutes ago, Ron_Artest said:

When the E drops faster than the P, yes, it happens.  Just look at a chart.

Yeah, I skipped too far ahead in my fast forward rebuttal.  We'll get there though.

[Horseman 2,608]

[Ron_Artest 1,758]

31 minutes ago, nobody said:

Yeah, I skipped too far ahead in my fast forward rebuttal.  We'll get there though.

Fair point on the dot coms having no earnings, but look at Q4 2008 - Q1 2009, S&P v P/E.  Get it?

[Horseman 2,608]

28 minutes ago, Ron_Artest said:

Fair point on the dot coms having no earnings, but look at Q4 2008 - Q1 2009, S&P v P/E.  Get it?

You should just admit you and your click bait article were wrong and move on instead of switching to a tangential argument.  Weakling tiny brains do that a lot for some reason.   

[Ron_Artest 1,758]

7 minutes ago, Horseman said:

You should just admit you and your click bait article were wrong and move on instead of switching to a tangential argument.  Weakling tiny brains do that a lot for some reason.   

How is a the article wrong? P/E ratios are high.

From the WSJ:

Price-to-earnings ratios aren’t quite at records—thanks to juicy profit margins at many of the index’s most valuable companies—but they still sit at the extreme end of history. The S&P 500 currently trades at 22.5 times its projected earnings over the next 12 months, compared with the average of 16.8 times since 2000.

I'm sure you didn't even read the article.  You want to point out what is incorrect here?

You should just keep your mouth shut instead of trying to argue every single post I make like a jilted ex-lover.

[Horseman 2,608]

Just now, Ron_Artest said:

How is a the article wrong? P/E ratios are high.

From the WSJ:

Price-to-earnings ratios aren’t quite at records—thanks to juicy profit margins at many of the index’s most valuable companies—but they still sit at the extreme end of history. The S&P 500 currently trades at 22.5 times its projected earnings over the next 12 months, compared with the average of 16.8 times since 2000.

I'm sure you didn't even read the article.  You want to point out what is incorrect here?

You should just keep your mouth shut instead of trying to argue every single post I make like a jilted ex-lover.

I'm just saying it's painfully obvious you're out of your league posting in this thread. How many times do you want to make a fool of yourself?  

[Ron_Artest 1,758]

Just now, Horseman said:

I'm just saying it's painfully obvious you're out of your league posting in this thread. How many times do you want to make a fool of yourself?  

Show me what's incorrect.  You made the statement, back it up.  But we both know you can't so you'll fold like a bish.

Your next reply will be hissy fit emojis or calling me triggered.  You're an NPC.

[Horseman 2,608]

1 minute ago, Ron_Artest said:

Show me what's incorrect.  You made the statement, back it up.  But we both know you can't so you'll fold like a bish.

Your next reply will be hissy fit emojis or calling me triggered.  You're an NPC.

The only reason we let you post in this thread is for the Inverse GutterBoy.   90% of the time when you post your chicken little click bait the market goes up.  Tiny brain comedic relief.  

But keep at it. Just giving you a heads up -> It makes you look like an idiot.  

[Ron_Artest 1,758]

Just now, Horseman said:

The only reason we let you post in this thread is for the Inverse GutterBoy.   90% of the time when you post your chicken little click bait the market goes up.  Tiny brain comedic relief.  

But keep at it. Just giving you a heads up -> It makes you look like an idiot.  

You don't get to decide who posts in what thread.  Your 90% number is made up.

Again, point out where I am incorrect on P/E ratios here.  You can't, which is why you won't answer it.  But you're also too weak to stop replying to me.

[Horseman 2,608]

Just now, Ron_Artest said:

You don't get to decide who posts in what thread.  Your 90% number is made up.

Again, point out where I am incorrect on P/E ratios here.  You can't, which is why you won't answer it.  But you're also too weak to stop replying to me.

What's the over under?  

Just a heads up -> everyone is laughing at you.  

[Ron_Artest 1,758]

5 minutes ago, Horseman said:

What's the over under?  

Just a heads up -> everyone is laughing at you.  

So you're not gonna point out where I was wrong on p/e?

[Gepetto 1,391]

pro-tip: if you (Horseman) accuse someone of being so wrong that they're laughable, you should be able to easily point out how they're wrong.

[Horseman 2,608]

26 minutes ago, Ron_Artest said:

So you're not gonna point out where I was wrong on p/e?

I'm just sayin people in debt shouldn't give other people financial advise.  Especially when they're wrong 9 times out of 10.  

[Ron_Artest 1,758]

10 minutes ago, Horseman said:

I'm just sayin people in debt shouldn't give other people financial advise.  Especially when they're wrong 9 times out of 10.  

1) It's advice, not advise.  You give advice.  You advise someone.  Noun v verb.

2) I am not giving any advice, I just posted a link about the market, in the market thread.

3) I am not in debt and I am certainly not wrong 9 times out of 10.

Your obsession is growing with every post.

[Horseman 2,608]

11 minutes ago, Ron_Artest said:

1) It's advice, not advise.  You give advice.  You advise someone.  Noun v verb.

2) I am not giving any advice, I just posted a link about the market, in the market thread.

3) I am not in debt and I am certainly not wrong 9 times out of 10.

Your obsession is growing with every post.

You paid off the student loans and the mortgage?  Congrats, finally.  

Yeah, I remember when "it's your last chance to get out!" wasn't advice either.  

Like I said, your work in this thread is great comedic relief.

[Ron_Artest 1,758]

Just now, Horseman said:

You paid off the student loans and the mortgage?  Congrats, finally.  

I paid my student loans off in 1997.  I still have a mortgage  but I don't consider myself "in debt" since I have a large net worth.

This is getting tedious.  You can't point out where I was wrong on pe ratios so you're just throwing sh1t at the wall.  I'm done.  You can get the last word with all of your hysterical emojis and trophy holding.

[Horseman 2,608]

Just now, Ron_Artest said:

I paid my student loans off in 1997.  I still have a mortgage  but I don't consider myself "in debt" since I have a large net worth.

This is getting tedious.  You can't point out where I was wrong on pe ratios so you're just throwing sh1t at the wall.  I'm done.  You can get the last word with all of your hysterical emojis and trophy holding.

Hey Google is a mortgage considered debt. 

Quote

Yes, a mortgage is considered a debt because you are borrowing a large sum of money that you are obligated to repay over time with interest, and the home itself serves as collateral for the loan. 

You just make up your own definitions and rules.

Thanks for proving you are waaaaaaay out of your league. 

[Horseman 2,608]

Huuuuuge net worth with a mortgage and no plans for retirement.  Just the guy I want financial advice from.  

[easilyscan 954]

Hey Google shareholders, get ready to be happy!

Google soars after judge says it doesn't have to sell chrome

After hours

226.00 +14.01 (+6.61%)

 

[Horseman 2,608]

@thegeneral jump at the opportunity.  

I'll probably be trimming.  

[thegeneral 3,340]

3 minutes ago, Horseman said:

@thegeneral jump at the opportunity.  

I'll probably be trimming.  

Wow. I didn’t realize today was earnings. Nice!

I should def look at this. These big boys are so hard for me to let go of. But if there was a time you are right this would be it then but back in on a dip.

[easilyscan 954]

8 minutes ago, Horseman said:

I'll probably be trimming.  

Probably a good idea, but mine are held in a taxable account & for reasons I won't go into, I'll have to wait till later in the year if I choose to take some off the table.

 

[thegeneral 3,340]

Oh it’s not even on earnings just some legal BS…wow

[Horseman 2,608]

29 minutes ago, easilyscan said:

Probably a good idea, but mine are held in a taxable account & for reasons I won't go into, I'll have to wait till later in the year if I choose to take some off the table.

Yeah. I think weve talked about this before. I have msft cost and a bunch of others landlocked like that.  Amzn and goog are in a retirement account tho.  

I've got to check but this has to have hit my limit to sell 30%.  Then buy back the next time the market TANKS!, rince and repeat has worked well with amzn and goog.

Note: Not recommending anyone else try this.

[Horseman 2,608]

36 minutes ago, thegeneral said:

Wow. I didn’t realize today was earnings. Nice!

I should def look at this. These big boys are so hard for me to let go of. But if there was a time you are right this would be it then but back in on a dip.

You don't have to let go of all of it. And remember you have a lot more exposure to these companies than you've ever figured in your index and mutual funds.  

I wouldn't recommend trying to time it and buy back in, just invest it elsewhere to diversify.  

[thegeneral 3,340]

20 minutes ago, Horseman said:

You don't have to let go of all of it. And remember you have a lot more exposure to these companies than you've ever figured in your index and mutual funds.  

I wouldn't recommend trying to time it and buy back in, just invest it elsewhere to diversify.  

These tech stocks are like my binky 

 

[thegeneral 3,340]

AAPL up on this news as well. Tomorrow will be a nice day to start. Another trimming opp!