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NOITSNOT;
Dec 06 00:02 am
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All Comments by Old Trader »It's Not a Great Time to Get Into Stocks [View article]
The preferred metric for value investors in judging a stock's "value" is 10 yrs TRAILING earnings. Given the rate at which analysts are cutting earnings estimates (to say nothing of mgmts. cutting/eliminating forward guidance) going forward, I'd trust any forward PE about as far as I can throw a grand piano.