Use access key #2 to skip to page content.

starbucks4ever (85.09)

Say goodbye to cheap stocks



December 03, 2010 – Comments (3)

The sideways market is over. We are entering the next stage - parabolic growth of a market already prohibitively expensive. The old strategies that worked throughout 2010 will not work any more. New and better solutions must be found.

3 Comments – Post Your Own

#1) On December 03, 2010 at 10:23 PM, portefeuille (98.85) wrote:

a continuation of the Christmas rally would be nice ...

a market already prohibitively expensive


some components of the STOXX Europe 50 index (KGVe = P/E2010e, DIVe = "dividend yield"2010e, both using "FactSet JCF consensus estimates").



The 2011 consensus estimates for earnings and dividends are currently a little bit higher than the 2010 ones for most of those stocks, I think. Then again "financial analysts" are not all that good at making forecasts, hehe ...

Report this comment
#2) On December 03, 2010 at 10:38 PM, starbucks4ever (85.09) wrote:

Pharma looks OK, everything else is either too risky or a value trap. By the way, both AZN and GSK are Airstrip One stocks, so they both fit my US supremacist buying profile.

Report this comment
#3) On December 04, 2010 at 5:47 AM, hanginout (82.31) wrote:

My first instinct is to go with the George Burns - Gracie Allen sign off and leave as a comment:

"Goodbye to cheap stocks"

but what I really would be interested in is this - Do you have any thoughts on an alternate strategy for the next few years?  I am perfectly happy to let my paper losses ride in CAPS because it is only a game, but I would never be so cavalier toward some of these things in real life.

Report this comment

Featured Broker Partners