So far it's somewhat disappointed for bears as the drop isn't a big one this morning as expected. The day is still young... Anyway, I already got out of my short trade. Holding nothing right now.
sh 4508.5, i don't normally trade ES but I monitor edit: also I just enjoy lurking on a thread with you guys
bump from 1/27/22 Last week I was trying to determine "fundamentally" what was a fair value for SP500 cash index. This is what I found on the internet. Historically since 1990 the average PE multiple is around 23.4 - 4517 Historically since 1950 the average PE multiple is around 17.9 - 3456 Historically all time the average PE multiple is around 15.7 - 3031 the figure I found for trailing earnings was 193.06 which gives the corresponding index values. We're back..................