| Crazy market. |
| 送交者: 2010年03月25日15:00:39 于 [世界股票论坛] 发送悄悄话 |
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After the 2000-01 crash, NASDAQ only broke 2400 at the beginning of 2007. This was based 10 year PE ratio of 26. Now we have NASDAQ at 2400 while the corporate earnings are still shy from 2004. Market is wrong. Don’t tell me market never wrong, I don’t believe that. You don’t trade against the market. It doesn’t mean market is always correct. Market is wrong. I am right. But I quit!
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