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2min chapter
Reverse Ponzi Scheme
The Compound and Friends
Then You Have the P E Reset, Earnings Revision and Selofs.
This is from ko to this guy, eric newcomer, and somehow he got access to to a deck that they were putting together. What we're looking at is phase one, two and three of a p e reset, earnings revision and selofs. And i think we're starting to see some dongrades from companies which are analys ar way behind the ball there. So look what happens though. In capitulation, you have a rebound in p es, probably because earnings are dropping faster than stocks for a little while. But then they both catch down with each other.
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