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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: lh56 who wrote (58008)4/28/2002 6:14:56 PM
From: Steve Lee  Read Replies (1) | Respond to of 99280
 
$BPFINA is at 84.9 and has just turned over from a 2 yr high (it might be more than 2 yrs - I am just looking at a 2 yr chart).

So I think this is what accounts for the $BPNDX & $BPCOMPQ divergence.

I don't understand how to assess PS ratios for financial stocks. Maybe you need to subtract book or NAV from the "P" before working out the "P/S"?


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