Zeev's Turnips Patch-No Politics (ZEEV)

[duper_man]

ml, you may well be right. But proforma is what people use right now not GAAP or core. And on this basis the S&P doesn't look expensive. Considering of course the environment we are in with the stimulus that's has been unleashed upon us a PE of 20 ain't bad. As I read in a good trading book once the truth is not important but the perception of the truth is very very important. This is why smart people lose money in the market and don't pay attention how the public receives and intrpretes the same info.

Buy the dips with tight stops is the only sensible thing to do here. The odds of your sell order being profitable are quite small if AG is taking the other side of your trade.