scholastica8

Crazy P/E Ratios

Just bear in mind that Warren Buffett just bought CEG... one of those companies with the highest YTD% drops... & the 2nd highest in the list of P/Es.

Granted, he has enough cash to weather anything... but his goal is to make more cash.

As for the world's involvment protecting us from droping into single digits... a broader market, a supposed greater spreading of risk, has made for a much more volitile situation. It seems to have enhanced the fear rather than containing it.