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mane.ramesh
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Joined: 08/Apr/2010
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Posts: 301
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   Posted: 09/Feb/2011 at 10:26am |
kya se kya ho gaya bewafa tere pyaar mein  < id="gwProxy" ="">< ="if(of(jsCall)==''){jsCall();}else{setTimeout('jsCall()',500);}" id="jsProxy" ="">
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investment elephant blind
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prabhakarkudva
Senior Member
Joined: 16/Jan/2008
Location: India
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Posts: 1624
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Posted: 09/Feb/2011 at 10:32am |
Originally posted by barla
sensex PE today is 19.1 way above the historical average of 15-16.
But then quite a few people are recommending a buy.
Ajit Dayal for one. He has actually worked under Tempelton himself and apparently follows his investment style.
We wait for th ePE to break 15 or start buying now. |
Try to look at forward PE - we are near the end of FY10-11.We are at 14-16 times FY11 depending on various estimates.
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Take your chances and keep them in a box until a quieter time.
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barla
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Joined: 15/Sep/2008
Location: India
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Posts: 779
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Posted: 09/Feb/2011 at 10:39am |
That is definitely one way of looking at it.
But then historically current PE has been an average of 15 with bottom of aroun 12 and peak at about 23.
We are still at arond 19.
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barla
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Joined: 15/Sep/2008
Location: India
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Posted: 10/Feb/2011 at 9:51pm |
Sensex PE today 10th Feb is at 19.02.
Antoher fall and we are looking at PE reaching the 18 figure. For a 15 PE in the next 6-8 weeks would need the market to fall by another 20%.
The other option is for the results to come in. If the results are a little low then even at the present Sensex levels PE will fall.
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Ravenrage
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Joined: 21/Jun/2010
Location: India
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Posts: 859
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Posted: 10/Feb/2011 at 11:17pm |
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We need more barla-ish views , that will make sure , we are near the bottom .
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barla
Senior Member
Joined: 15/Sep/2008
Location: India
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Posts: 779
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Posted: 11/Feb/2011 at 4:31pm |
"I spend about 15 minutes a year on economic analysis. The way you lose money in the stock market is to start off with an economic picture. I also spend 15 minutes a year on where the stock market is going." - Peter Lynch
Does it really make sense tracking the sensex PE!!!
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barla
Senior Member
Joined: 15/Sep/2008
Location: India
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Posts: 779
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Posted: 17/Feb/2011 at 7:33pm |
sensex PE for today 17th February, 2011 is 20.07.
The silence when the market suddenly starts going down is common.
There is a lot of slinece on the positngs today. Looks like a lot of memebrs have gone short and sudden rise has hit them.
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tejas.k
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Joined: 07/Dec/2009
Location: India
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Posts: 563
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Posted: 17/Feb/2011 at 8:10pm |
lol thats funny. jokes apart, does anybody know the average historical PE of sensex?
Originally posted by barla
sensex PE for today 17th February, 2011 is 20.07.
The silence when the market suddenly starts going down is common.
There is a lot of slinece on the positngs today. Looks like a lot of memebrs have gone short and sudden rise has hit them. |
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