PEIX getting whacked... ANDE down hard from the highs .But yes, commodities won't die. India, CHINA...etc ...as the world modernizes and populations boom, well , you know.
are the norm for industrial and deep cyclicals, including cyclical commodities. Trailing PEs under 10 are more often indicate sell than buy. And conversely, it's when the trailing PEs are stratospheric that they should be bought, not sold.
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