I think we all know this is going to get ugly and that's no reference to POG. S&P 500 up 200% since the 2009 low, wow. Some indexes up 16% since November 9, that's about 3 years of modest gains in just over 1 month. P/E's already getting pricey, for more gains in 2017 and beyond there are a lot of things that need to go right for a lot of companies to justify their SP. They'll be struggling to cook the prices even with all those buy backs that are rife atm.
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