...and why wouldn't you sell the banks.
The market has the highest P/E's in history.
A nice little chart, which I believe needs some major correction. Monthly from 1900's. :)
The red line is Robert Prechter's target with Elliot Wave Theory, nearing 400. Poor quality chart I know, and keep in ming it's log, so looong way down.
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Last
8,677.2 |
Change
9.000(0.10%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,668.2 | 8,714.6 | 8,652.6 |
| XJO (ASX) Chart |