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S&P 500
7,396.28
(
-0.49%
)
US TECH 100
28,323.60
(
-0.71%
)
Dow Jones
49,982.47
(
-0.05%
)
Brent Oil
104.95
(
2.61%
)
Bitcoin
76,953.03
(
-0.69%
)
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Post# of 704049
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otraque

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Re: mlsoft post# 119378

Saturday, 06/14/2003 11:50:14 AM

Saturday, June 14, 2003 11:50:14 AM

Post# of 704049
Per DecisionPoint Chart, SPX is now 39% ABOVE overvalued.
For comparison, in early 2000 SPX peaked at 30% ABOVE overvalued.
And keep in mind,in the 1st quarter of 2000, that rally was fed by the Great Earnings reported in January2000--growth expectations were FAR higher than they are now.
So, to the point, this is crazier now by a major margin than in 2000, in fact, in terms of percentage ABOVE overvaluation we quite likely are at an ALLTIME HISTORIC OVEREVALUATION and are decidedly way above any overevaluation level going back to 1925. Like FWIW:) Like it's just trivia, ah no(vbg)GodfreyDaniel

He played his video game night and day.
The MAZE of Death.
But that is the game we all are in, the trick, don't believe it.Get above it all and imagine nothing is what it seems.Kill the machine.otraque

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