back-of-the-envelope valuation , page-3

Unfortunately we may have to throw any valuations out the window if the markets don't sort themselves out quick-smart. I've got a very cataclysmic view of things long term but I was hoping the U.S would kick the can down the road a little while longer. Gee it makes my blood boil that our day in the sun comes on the back of massive falls in the major indices and an 8 day losing streak. I mean we couldn't have been more unfortunate with the timing! Let's just hope people buy the fear in the hope of a short term rally!