Alright now things are getting scary. There is saying from the stock markets. "When other are celebrating Sell! When other are panicking buy!" Well there is a lot of celebrating going on. All you need to do is look at the PE Ratio's (Price/Earnings Ratio).
Historically a good range for the PE Ratio is 10% to 17%. But now they are running out of control 30%, 40%, 50%, 60% I saw one yesterday that was at 150%. But wait has the earnings of these companies gone up that much?
That would be A BIG FAT NO!
So what's happening? Opinion's vary. One thing is for sure. If you see smoke there is normally fire and soon things come crashing down. Well the marketing and stocks are smoking right Now!
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