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[–] derram 0 points 0 points (+0|-0) ago :

Why investing will be risky even if the Dow hits 20,000 | New York Post

'As I said before, it’s dangerous out there, even if Wall Street and CNBC wants you to think otherwise. '

'So the Dow Jones industrial average will undoubtedly get to 20,000 before long — whether stocks deserve to be at these levels or not. '

'And if you anticipate future earnings, as Wall Street is apt to do, the market’s price-to-earnings ratio is a dangerously high 19.2–to–1. '

'Get the damn Dow to 20,000 so we can stop hearing about it. '

'And if you eliminated the fancy accounting that companies are now doing, earnings would probably be down even more. '

This has been an automated message.


[–] Memorexem 0 points 2 points (+2|-0) ago 

I was curious, myself. Appears to be the wrong link, @some_guy_from_RI.


[–] Some_Guy_from_RI [S] 8 points -1 points (+7|-8) ago 

Thanks for letting me know. I've posted a new link.