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Strategies & Market Trends : Value Investing
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To: gcrispin who wrote (55628)7/6/2015 9:10:40 PM
From: Graham Osborn  Read Replies (1) of 78748
 
Fair enough. But are you sure the DoJ investigation accounts for the decline? It's interesting how various seemingly uncorrelated cyclical companies have had legal or tax troubles recently that seem to produce reasonably correlated price behavior:



So when all the negative newsflow blows over, I wonder if we're not just left with a cyclical downturn? FWIW, LUV's forward PE seems in doubt when fuel prices and interest rates can only go up.

Just trying to see the forest between the trees,
Graham
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