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View George Gorski's Comments
Where Are We in the Stock Market Cycle?
I use the 1/4 rule. A retailer generally relies on buying a commodity for 1/4 of the selling price, 1/4 is the costs, 1/4 is profit and 1/4 is growth. When the resource based market share price reaches 1/2 of the 52 week high, I consider it is at cost and a good time to think about buying, anything below 1/3 is a buy and less than 1/4 is a steal. The only thing that will lower these ratios is if the number of consumers compared to 52 weeks ago changes to the downside. I believe 1/4 of the 52 week low is bottom, if the number of consumers remains the same.
Oct 11, 2008. 11:31 AM
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