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

To: Fintas who wrote (41556)	12/10/2012 3:26:28 PM
From: Vendit™	Read Replies (1) \| Respond to of 222462

In January of 2011 JPMs high for the three year history was just about $46 and is mentioned as one of the three targets longer term if the trend continues to go up. If I remember correctly JPM has a PE pf under 10 which shows the stock is undervalued even at $46 so you are probably correct. I think that our economy has to regain its strength and employment has to improve before we see any significant normal prices for any stock in the financial sector.