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Re: It’s been years since investors have been this fearful
micro:
Re: “Schiller sounds like a shill...”Perhaps. Or he's stating something very obvious - that markets swing back and forth between extremes, and right now the market's P/E ratio is screaming "overbought." But, of course, it has been for a long time. When I moved back into stocks this year (the Dow was near 20,000) it was overbought even then.
Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months |