RE:RE:RE:There is a bigger issue here
I retract my latest statement.
If the market goes down another 1000 points or more, CXR will go down to the mid $30's.
Reason being, the market, in times of panic, ACTS IRRATIONALLY.
CXR should not go there at all, but market will be stupid and bring it there at 3.5-4X EPS.