Totally agree with you. I have been watching BHP forecast eps for 09 & 10 and they are continually coming down yet the SP has been going up.The same for RIO.
Investors are in the eye of the storm, they feel the worst has past and life will just go back to normal and we will start a new bull market.You can't ignore what has happened in the last year because events like this have repercussions that reverberate for some time.
markets may be still overvalued , page-2
Add XJO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
8,226.3 |
Change
26.800(0.33%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,199.5 | 8,231.0 | 8,150.1 |
| XJO (ASX) Chart |