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Re: There's One Missing Ingredient From The Market Rally 'Recipe' 

By: Zimbler0 in POPE IV | Recommend this post (2)
Fri, 17 Mar 17 11:54 PM | 59 view(s)
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Msg. 22862 of 47202
(This msg. is a reply to 22797 by capt_nemo)

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Nemo> PE od 10% was huge 5 years ago. NOW I saw a talking head a couple weeks ago saying PE 30/1 was acceptable haaaaaaaaaaaaaaaaaaaaa Wonder what that bitch got paid for that bullshit????????????


Nemo,
There is a LOT of 'depends' going on here.
I remember back in the late 1990's. Dominion Resources
had a nice low P/E ratio . . . then they sold off a
chunk called 'East Midlands' they owned over in England.
'D's P/E ratio went to the mid thirties . . . and I was
sweating it. After a while everything worked out and
things looked 'right' again.

Around 1999 Yahoo stock had a P/E ratio of over a Thousand.
I think most of us in here remember what happened to that
in year 2000.

Today?
I look at last Saturdays report.
Dominion Resources P/E = 22.
Campbells Soups P/E = 37.
Kimberly Clarke P/E = 22.4
Proctor and Gamble P/E = 17.

Yeah, some companies are overvalued,
Other companies look all right.

Just so you know, after the year 2000 collapse, while all those
dot.com companies share prices were dropping like anvils in a
Bugs Bunny cartoon, Dominion Resources share price
was steady climbing.

Zim.




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Mad Poet Strikes Again.


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The above is a reply to the following message:
Re: There's One Missing Ingredient From The Market Rally 'Recipe'
By: capt_nemo
in POPE IV
Fri, 17 Mar 17 7:03 AM
Msg. 22797 of 47202

PE od 10% was huge 5 years ago. NOW I saw a talking head a couple weeks ago saying PE 30/1 was acceptable haaaaaaaaaaaaaaaaaaaaa Wonder what that bitch got paid for that bullshit????????????


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