Name:   MAJ USA RET - Subject:   We saw it coming Date:   12/26/2018 12:41:11 PM

All of my friends, who have portfolios, agree… we are (were) overdue for a BIG adjustment in the stock market.  Most stocks are (were) way overvalued… especially tech stocks.  The most volatile stocks are the tech stocks… based on intellectual value and sales revenue.  Look up the PE of the stocks suffering the most. They generally have a PE greater than 30. Some of the “vaporware” tech stocks have a PE over 100.  The recent, inordinate rise in stock value seems to be more attributable to euphoria rather than value.  We’re now having an overdue correction.

Been here before… don’t have a 3^rd story window to jump out of.  I guess I’ll have to just go on living… holding… buying.