Murdoch Dow Jones balloon reinflated 214 points!

sfpcjock

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Mon Aug-15-11 05:13 PM
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Murdoch Dow Jones balloon reinflated 214 points!

The http://en.wikipedia.org/wiki/Naked_short_selling">bears will be back in 2 days when the short sell ban expires. Deflation time again! - Cramer

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spanone

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Mon Aug-15-11 05:15 PM
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1. i'd rather take financial advice from cosmos kramer

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banned from Kos

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Mon Aug-15-11 05:19 PM
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2. Stocks are cheap - 12x 2011 earnings vs 28x 2000 earnings

back then in the tech bubble. But tech is only 10-15% of the S&P 500.

No "fix", no shit - just old-fashioned P/E multiples.

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