Monday, February 14, 2011

A look at valuation...lest all the bullish analyists forget

Not pretty...P/E over 24...what if things don't turn out quite so rosey? What if high inputs compress margins and demand as I have consistently talked about?

Meanwhile the long-term price trendlines hold firm...looks like the "P" in "P/E" need to be making some adjustments.
© 2009 m3, ltd. All rights reserved.