(higher than the 2008 Crash)
From the Desk of Don Yocham: |
| | | | | | | | | | | The Schiller PE ratio just hit its second highest peak ever.
Higher than the 2008 crisis — and second only to the DotCom crash.
Every time it reverses off of one of those peaks, it reverts AT A MINIMUM to its long term average (about 15).
This means that even if earnings do not fall, we could be in store for an S&P of 2200 — down another 40% from here.
With that said, we’re using this opportunity to go short the S&P with today's FREE pick.► Watch today's video for details.You'll also need to know how to play it and that includes a trigger price, target price and stop loss, which you can get by subscribing to The Daily Pick right now for just $9/mo.📈 23 winners since August 8th — with our latest coming just yesterday. Why not join us and start putting this market to work for you?📈Take What The Markets Give You. | | | | |
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The Schiller PE ratio just hit its second highest peak ever. Higher than the 2008 crisis — and second only to the DotCom crash. Every time it reverses off of one of those peaks, it reverts AT A MINIMUM to its long term average (about 15). This means that even if earnings do not fall, we could be in store for an S&P of 2200 — down another 40% from here. With that said, we’re using this opportunity to go short the S&P with today's FREE pick. ► Watch today's video for details. You'll also need to know how to play it and that includes a trigger price, target price and stop loss, which you can get by subscribing to The Daily Pick right now for just $9/mo. 📈 23 winners since August 8th — with our latest coming just yesterday. Why not join us and start putting this market to work for you?📈 Take What The Markets Give You. |
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