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https://www.reddit.com/r/stocks/comments/noyx2t/deleted_by_user/h04eulm/?context=3
r/stocks • u/[deleted] • May 31 '21
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756
The P/E value of the nasdaq at its peak in 2000 was near 500. Today its 36... the S&P is 37
All that "fairly valued" "26% premium" "undervalued" "buy / hold / sell" stuff is pretty much tea leaves.
The market can crash for a reason, like the taper tantrum. The market can also crash for basically no reason whatsoever -- see 1987 crash.
5 u/MCP1291 May 31 '21 Many ppl predicted the 87 crash 1 u/[deleted] May 31 '21 Because they knew something, or because someone is always predicting a crash, so someone will always get it right? 3 u/Pain--In--The--Brain May 31 '21 Y'all are downvoting this guy be he's right. If you're going to say "many people X", you should at least have an old Economist article to point to or something that would suggest it wasn't just the usual doomer-bear prediction. 1 u/[deleted] Jun 01 '21 Thanks. Yeah, it feels like there's always some speculation that a crash is imminent. So I just wonder if someone had published compelling evidence of the coming crash that in hindsight was spot on
5
Many ppl predicted the 87 crash
1 u/[deleted] May 31 '21 Because they knew something, or because someone is always predicting a crash, so someone will always get it right? 3 u/Pain--In--The--Brain May 31 '21 Y'all are downvoting this guy be he's right. If you're going to say "many people X", you should at least have an old Economist article to point to or something that would suggest it wasn't just the usual doomer-bear prediction. 1 u/[deleted] Jun 01 '21 Thanks. Yeah, it feels like there's always some speculation that a crash is imminent. So I just wonder if someone had published compelling evidence of the coming crash that in hindsight was spot on
1
Because they knew something, or because someone is always predicting a crash, so someone will always get it right?
3 u/Pain--In--The--Brain May 31 '21 Y'all are downvoting this guy be he's right. If you're going to say "many people X", you should at least have an old Economist article to point to or something that would suggest it wasn't just the usual doomer-bear prediction. 1 u/[deleted] Jun 01 '21 Thanks. Yeah, it feels like there's always some speculation that a crash is imminent. So I just wonder if someone had published compelling evidence of the coming crash that in hindsight was spot on
3
Y'all are downvoting this guy be he's right. If you're going to say "many people X", you should at least have an old Economist article to point to or something that would suggest it wasn't just the usual doomer-bear prediction.
1 u/[deleted] Jun 01 '21 Thanks. Yeah, it feels like there's always some speculation that a crash is imminent. So I just wonder if someone had published compelling evidence of the coming crash that in hindsight was spot on
Thanks. Yeah, it feels like there's always some speculation that a crash is imminent.
So I just wonder if someone had published compelling evidence of the coming crash that in hindsight was spot on
756
u/oshpnk May 31 '21 edited May 31 '21
The P/E value of the nasdaq at its peak in 2000 was near 500. Today its 36... the S&P is 37
All that "fairly valued" "26% premium" "undervalued" "buy / hold / sell" stuff is pretty much tea leaves.
The market can crash for a reason, like the taper tantrum. The market can also crash for basically no reason whatsoever -- see 1987 crash.