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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (39128)10/18/2012 3:13:18 PM
From: Keith Feral  Read Replies (1) | Respond to of 218856
 
If the market ever does get out of the woods, it becomes exposed to an even worse fate called a bubble.

Google tried getting out of the woods, and it didn't work very well. Google is not the sort of company that should be trading at 6 times revenues. 3 to 5 times revenues is where Google should trade. Frankly, I'm not all that comfortable with Apple at 5 times revenues either.