The SPX has hit a cyclical top

Discussion in 'Trading' started by destriero, Sep 17, 2018.

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  1. SunTrader

    SunTrader

    It's different this time huh?

    Where have I heard that before.
     
    #21     Sep 18, 2018
  2. destriero

    destriero


    I posted four SNs above. The multiples aren't on AMZN... they're established and not skating on marginal profitability. Use revs, whatever you like.

    Bet me $10K on the O/U on the above four names.
     
    #22     Sep 18, 2018
  3. treeman

    treeman

    I don’t do individual companies. Sorry.
     
    #23     Sep 18, 2018
  4. The more you guys get hard over the bull market the more I want to short today haha...
     
    #24     Sep 18, 2018
    SuckItTrebeck and volente_00 like this.
  5. volente_00

    volente_00

    DEMTDAYBOYZ think otherwise

    ES +28 since this top call
     
    #25     Sep 18, 2018
  6. volente_00

    volente_00

    Patience my friend
     
    #26     Sep 18, 2018
  7. volente_00

    volente_00

    I wonder why the original post has disappeared? o_O
     
    #27     Sep 18, 2018
  8. destriero

    destriero

    You don't have to short 'em; we're using their prices for any wagers. You're not Graham & Dodd.

    #excuses
     
    #28     Sep 18, 2018
  9. destriero

    destriero

    23, great arithmetic, tho.
     
    #29     Sep 18, 2018
  10. treeman

    treeman

    If by different, you mean more of the same, then yes (green numbers are P/E ratio):
    Screen Shot 2018-09-18 at 10.41.23 AM.png
    Most times I think I'm the only one who does their homework. But that's good for me, and bad for everyone who drinks from the conventional wisdom fountain.
     
    #30     Sep 18, 2018
    Windlesham1 and positive etc like this.
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