who thinks this is start of major correction, page-53

""Clark If you think"


I didnt ask you what *I think* about company valuations, newbie.
I asked you what *you think*.

Say, you want to buy a pub in Sorrento.
How much are you going to pay for it ?
What does your chart tell you ? "

Mate what the f are you talking about?????!!!!?!?!?! I'm saying globalisation now values stocks based on risk premiums, liquidity and emerging markets as appose to purely on p.e.


I suspect you have had one too many at the pub as I did not use the word "chart" once.


I dont know why I bother responding to your crap as it invariably turns into a stupid discussion about particular words used and not the idea of the actual points used.


Can you tell me definitively....(homework for Clark Bent)


1.HAS THE GLOBAL MARKET BECOME ADJUSTED TO RISK? DOES THIS ADJUSTMENT HAVE FURTHER TO GO?


1.1. HAS THE US BECOME SENSITIVE TO THE IDEAS OF RISKS PARTICULARLY IN EMERGING MARKETS?

2. DOES THE YEN CARRY TRADE AND EURO CARRY TRADE EFFECT LIQUIDITY LEVELS AND HENCE EFFECT APPROPRIATE P.E. VALUES?

3. DID THE SP500 REPORTING SLOWEST EARNINGS GROWTH FOR 16 1/4'S CONCERN YOU IN RESPECT TO FUTURE GROWTH PROSPECTS?

3.1. SHOULD THIS EFFECT P.E.'S TODAY OR TWO YEARS FROM NOW?






No1 rings the bell at the top.