Question for Nickoo, page-24

  1. 1,155 Posts.
    DOW crash for bbm the point is that the DOW is overpriced and therefore nickoo is correct..

    a suicide bomber would not have much effect if companies were trading at PE's of 10 or less...but if you have the pyramiding where shares have been pushed up on borrowed money to PE's of 30 or more the suicide bomber will simply be the bad news item that sparked the fall and not the cause of the fall itself..






 
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