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Best December for NASDAQ Since Bubble…

29 December 2009 1,372 views No Comment

It seems that this December will be the best December for the NASDAQ since the bubble years…

Hmm… No problem here…

Amazon PE = 82.98

Google PE = 40

Apple PE = 33.73

RIM  PE = 20.36

Outside of RIM the valuations are just as bubbly! 83 PE for Amazon! Yeah yeah Cramer said this was a bargain, but let’s be real its not a bargain!

The stock market is in a bubble folks…

I am not saying that you should not buy stocks. But let’s be real, valuations are quite pricey here.

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