johngonole

This Is What Happens When Everything Is Undervalued

Easy to sound smart now.....I seriously doubt out of 5,500 stocks you couldn't find one that was fairly valued. Actually I believe AMZN still looked pricey for a retailer. Then again if you still have your average 5 year predicted growth rate for each company set between 15-25% a year maybe you did. This article was complete waste of my time reading.

The media finally took a rest on pounding the drums of despair over the weekend. That was the difference. People who hadn't sold said why sell now and the media didn't push them over the edge. I think the fact that it is an election year is making things much more volatile because the media wants to hype every issue to influence the voters as much as they can.