Hi Timonr,

Thanks for the response.

I can see where you are coming from here and I personally feel that it is ok to use PE as a filter in certain situations. With this being said I would be careful about how it is used, as often times it makes sense that the best stocks have the highest PE's and the worst stocks have the lowest PE's.

Best Regards,
Dave

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Disclaimer: Trading is risky and can result in substantial financial loss. As always my posts are simply one traders opinion and should not be taken as trading advice. I am not a financial adviser so everyone please do their own analysis and take responsibility for their own trades.