March 5 (Bloomberg) -- European stocks climbed for the first time in six days, led by banks, phone companies and automakers, on speculation they have fallen too much compared with earnings.
let's hear it once more:
.. on speculation they have fallen too much compared with earnings.
Oh really? With MQG 7.6x earnings and the banks ~10x earnings. Where do these speculators get off, speculating such preposterous dribble. Always standing on their high horses, look at me, look at me. They always ruin everything for everyone. Everyone knows MQG will hit 5x earnings and the banks 7x. Woolworths will hit 15x. Then they will all be fair value ...... To a hobbit.
Personally, I prefer to take my advice from Volataire!
(that's Volataire the Volatile).
Prepare for more comedy when the next big dumping session comes around.
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