NVIDIA Corp (NVDA)

[Jetmek_03052]

At roughly 76, yes, the valuation of NVDA is high, but it is decreasing every reporting quarter. It's decreased almost 23% in the last 12 months. Depending on how high the stock price climbs (if it does), the PE will likely continue to decrease, as much higher earnings are announced for the next several quarters.

Yes, we are all aware of the dire straights the economy and the banking system is in. Yes, it could all blow up in our faces at any time. Yes, it WILL eventually happen at some point. Yes, one should not throw cautions to the wind. But I will continue to ride the horse until it bucks me off.

Good luck to you also.