RE:Monday -- Bloody MondayI don't know whether that's true... Here's a quick calculation based on historical numbers:
Last April APH hit 8.71 and then receded to 4.55
8.71/4.55=1.91
It was recently at a high of 24.75 and has receded as low as 13.33
24.75/13.33=1.85 (pretty close) the exact SP equivalent is $12.95
Which is why I feel we're pretty close to the bottom as-is. We have less reason to retreat into a sell off this year, so I (personally) don't think we're headed much lower. I could be wrong and will admit there's no way to be sure and we can't assume this is the exact same situation as the last big sell-off, but that's the best model we have.