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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: John Pitera who wrote (8473)11/29/2007 12:46:11 AM
From: estatemakr  Read Replies (1) | Respond to of 33421
 
Hi John,

Agreed, its gone absolutely nowhere in nearly a decade. Of course there were those dreaded 80's and 90's when it had a bit of a return for shareholders ;-) They have managed to increase earnings like clockwork since the tech bubble, and have thusly continued to lower their earnings multiple to a point where I simply find them to be a great long-term value and investment - nothing more, nothing less. S&P 500 works as a comparative vehicle - take your pic, I'm easy.

30 or 25 ?? Wow...........that's what makes a market! I'll wager we see 55 or 60 in '08 and never again, ever, print 30, let alone 25.

Don't want to wear out my welcome here, so I'll drop it and leave it at that :-) I enjoy reading the knowledgeable posts on this board!

Regards



To: John Pitera who wrote (8473)11/29/2007 10:16:15 AM
From: Augustus Gloop  Read Replies (1) | Respond to of 33421
 
P&F suggests 34 for a bearish PO