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To: JoSixChip

October is always a tough month on the market and people have finally taken profits. Earnings are still incredibly strong so by November, this will bounce back. Time to buy bargains.


9 posted on 10/10/2018 1:30:53 PM PDT by TangledUpInBlue
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To: TangledUpInBlue

Correct, earnings are strong, but stock prices have moved up faster than gain in earnings. Which translates into market is historically overvalued. Trade safe if you are nearing retirement.

http://www.multpl.com/shiller-pe/


13 posted on 10/10/2018 1:34:54 PM PDT by entropy12 (One million LEGAL immigrants/year is too many, without vetting for skills, Wealth or English skills.)
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To: TangledUpInBlue

You’re right. Looking to see what profits can be had and what has to be sold to offset those gains before year end.


14 posted on 10/10/2018 1:35:25 PM PDT by b4its2late (A Liberal is a person who will give away everything he doesn't own.)
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To: TangledUpInBlue

Yep.. I going to wait awhile though.


23 posted on 10/10/2018 1:48:51 PM PDT by DivineMomentsOfTruth ("There is but one straight course, and that is to seek truth and pursue it steadily." -GW)
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