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|User Info||ROFL! 5yr P/E/G of 17?!; entered at 2018-01-12 14:35:20|
Registered: 2007-11-30 Time to feed the chickens.
In 2008/2009, when the market crashed, SPY went from 150 in Oct 2008 to 67 in February 2009. That's 83 SPY points (55%) in 4 months. SPY is now at 277.|
QQQ and DIA were similar. QQQ ... 100 to 19 (now 164), DIA 140 to 64 (now 257)
Given that drops generally take a much shorter timeframe than gains (except in this market), it appears that when it comes, it will come fast.