% | $
Quotes you view appear here for quick access.

Peabody Energy Corporation Message Board

  • dlhild May 16, 2012 12:33 PM Flag

    Going lower first...Much higher long term

    Except for Germany (and perhaps France) the rest of Europe is in a recession. All the central banks are pumping the money supply. Still not much growth. US growth in the second half of 2012 will likely be about 1.5%. We are still in a long term structural bear market that started in early 2000, and has several years more to run. The S&P is coming down a lot from current levels (over the next several years as BOTH EPS fall AND P/E's drop to around 10 = S&P drops to 750 or lower) as we somehow try to fix a broken conflict of interest Fed. The political system is an auction, not an election. Consumers are losing real purchasing power. In spite of all the negatives, the world will go on, and vaaluation levels will be key. At this point, let's hope BTU drops to $15, so we can buy more at a better valuation and then make a lot of money. I like RIO too. RIO in the high $20's and we will have super valuations there too. This process is going to take time, so quit thinking day to day and start thinking in terms of several years.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
2.070.00(0.00%)Apr 13 8:06 PMEDT