Posted 4/7/2025 11:44 (#11179592 - in reply to #11179572) Subject: RE: Elon Musk pushes for free trade, fires shots at Navarro
But that’s the point isn’t it?
Aren’t all these companies sitting on retarded valuations? Like everything is (or was) at 20 year high P/E ratios.
There was no room for any real growth. Everything was a bubble. Palantir is such a good example because it had a 600 P/E ratio. Not too mention all the nuclear duds and rocket comapny duds.
The path we were on would only lead to a worse sell off later
Although I think this sell off is the fake one, and the real one doesn’t come until later
I could see spy rallying back up past 600 maybe to 700 and then falling quite a bit.
It’s still way too far above significant long term moving averages
Elon Musk pushes for free trade, fires shots at Navarro
