Black Monday: Dow and other markets taking a plunge

[Southie]

Re: Black Monday: Dow and other markets taking a plunge

@Southie

Here is the Schiller CAPE ratio

Shiller PE Ratio

Market 20 to 30 pct overvalued based on CAPE of 20 or 18. Doesn’t mean that is where it will end up. It can go down past this range. Or it can stay flat for few yrs. Or it can increase at low rate say 3 pct for next 8 years. All these scenarios will bring it back in line.

Hope this provides perspective.

@Southie

Thank you for that. So what made the market explode upward you moron?

Stop with the name calling you imbecile. Do you have comprehension issues? I clearly stated market appears 20 to 30 pct overvalued. And that it could reach fair value by multiple ways. Go down, stay flat or rise at slow fate for several years.

Have your asset allocation in place and rebalance periodically. This is the mantra I have been repeating. That’s the only free lunch.

Now go away.