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Are Stocks Cheap?

Tyler Durden's picture




 

You decide...

 

 

h/t @Not_Jim_Cramer

 

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Fri, 12/06/2013 - 20:11 | 4223200 One And Only
One And Only's picture

Flow not stock.

Stocks could be dirt cheap. Your entire portfolio might only buy a few feathered turds in 10 years but that's what we're going for.

We all know Mr. Yellen wants to print.

Fri, 12/06/2013 - 20:19 | 4223226 Enslavethechild...
EnslavethechildrenforBen's picture

Only snotty nosed brats bother with stocks. The big dogs are buying up prime real estate and building multi story apartments to house their slaves. They get between 30% to 100% yearly return on their (2%) money.

Fri, 12/06/2013 - 21:17 | 4223366 Say What Again
Say What Again's picture

Based on that chart, we have about 3 to 4 more years of ramp up on the major indexes before the crash.  The line crossed up over this level oraound 1996 and peaked out much higher at around 2000.

Fri, 12/06/2013 - 20:49 | 4223297 ZH Snob
ZH Snob's picture

cheap is a relative term.  I don't buy stocks because I am not in on the manipulations of their values and do not feel like playing the patsy for those who are.

Fri, 12/06/2013 - 20:12 | 4223202 TeamDepends
TeamDepends's picture

But the suit looks good on you.

Fri, 12/06/2013 - 20:12 | 4223204 Yen Cross
Yen Cross's picture

    Ask me when nominal and inflation adjusted converge...

Fri, 12/06/2013 - 20:15 | 4223210 dcohen
dcohen's picture

Yes, because they are still below latest crash levels

Fri, 12/06/2013 - 20:17 | 4223215 NOTaREALmerican
NOTaREALmerican's picture

Re:  Yes, because they are still below latest crash levels

FTW!  

You has newletter?   I'd like to invest.

Fri, 12/06/2013 - 20:16 | 4223213 NOTaREALmerican
NOTaREALmerican's picture

Depends, do I gotta decide before or after the party?

Fri, 12/06/2013 - 20:20 | 4223225 TeamDepends
TeamDepends's picture

You can decide after, but it will cost you.  It's all there in the rental agreement.

Fri, 12/06/2013 - 20:48 | 4223290 LetThemEatRand
LetThemEatRand's picture

Jamie to renter:  "maybe there's a way we can work out this back rent without you paying me anything."

Works for politicians.

Fri, 12/06/2013 - 21:11 | 4223354 Yen Cross
Yen Cross's picture

 I can't afford to pay you Tuesday LTeR.  Will a kidney do?

Fri, 12/06/2013 - 21:35 | 4223408 LetThemEatRand
LetThemEatRand's picture

Jamie just wants a hummer.  To get your check for a Kidney donation, cue up over there.  It's the long line.

Fri, 12/06/2013 - 21:15 | 4223365 Yen Cross
Yen Cross's picture
NOTaREALmerican  I'm trying to understand you're anger. I try to understand you're honesty, I try to understand your constant interuptions and lack of respect. You need to get laid!

  

Fri, 12/06/2013 - 20:23 | 4223237 max2205
max2205's picture

These charts are so 2001

Fri, 12/06/2013 - 20:24 | 4223238 remain calm
remain calm's picture

Relative to the all time high, Yes. This has a lot of room to run. As long as the fed is pumping in liquitity, you'd be a fool to sell your positions. You would also be a fool to buy at these levels. Lets see how high the mania can take us and when the music stops move your ass(ets) very quickly

Fri, 12/06/2013 - 20:34 | 4223243 Yen Cross
Yen Cross's picture

   I published a "schematic" that had overlays and charts representative of P/Es approaching 20:1 on the S&P.

  I've the deepest respect for the Tylers. This shit is getting old fellas.  Tyler if you want to hold your Ukranian/Gasprom 20 yr. options that's fine. We're talking about the here and now!  How do we define short term/ mid term / long term decisions?

  How do those objectives define a return relative to their individual vs unknown <value>?

   Of course I'm joking when I use such general terms. So is you're dipshit 2&20 Maddoff protoge. Do you're own "due dilligence" people!

   I would purchase a flawed diamond before equitable stock in almost anything...

Fri, 12/06/2013 - 20:30 | 4223253 jean paul marat
jean paul marat's picture

All I invest in is colt firearms. Hopefully this pays dividends. I.e he who holds a colt gets thee gold.

Fri, 12/06/2013 - 20:34 | 4223258 yogibear
yogibear's picture

While Yellen, Dudley, Evans and Rosengren increase printing the Hedge funds and bankers buy up property. The fed will keep killing the US dollar to help the banksters out.

The landlords keep raising the rents and burying the renters with more debt.

Pottersville is the eventual goal of perpetual debt slaves owned by Wall Street. A source of endless cheap labor with debts that can never be paid back.

All that's needed now is a re-write of bankruptcy laws again to make it like student loans, non excusable.  The banksters will have a debt prison without bars.

 

Fri, 12/06/2013 - 20:47 | 4223292 1835jackson
1835jackson's picture

WW3 or debt serfdom. Either choice is good. 

Fri, 12/06/2013 - 20:48 | 4223296 Sudden Debt
Sudden Debt's picture

yeah, but the last 2 times they kept on being expensive for 3 years so don't short I guess... let's keep going sideways for 3 years.

Fri, 12/06/2013 - 20:53 | 4223310 LetThemEatRand
LetThemEatRand's picture

Over the last couple of years I told Lloyd and Jamie to eat my shorts.  They enjoyed said shorts with a nice Malbec.   I'm left with 20/20.

Fri, 12/06/2013 - 21:19 | 4223372 Yen Cross
Yen Cross's picture

 Let me guess?

Fri, 12/06/2013 - 21:53 | 4223461 Kirk2NCC1701
Kirk2NCC1701's picture

In historic terms, EVERYTHING is expensive right now:  Stocks, Gold, Real Estate, Bitcoin.

This must the the fiat/USD and its owners very happy, as it keeps up its demand (to buy all these things).

Fri, 12/06/2013 - 22:22 | 4223520 Global Hunter
Global Hunter's picture

Hell yeah they're cheap, you can't put a price on a dream baby.

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