Zela - Are the forward earnings you are referring to related to the large cap SP500? It would not surprise me if the small and mid cap stocks took the heaviest beating while the large cap SP500 had only a mild correction.
Jan 4 - We have transitioned into a bear market. Completely different rules apply. May 23 - IMO, any price at/above this close makes a great Nasdaq/SP500 short.
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