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No. of Recommendations: 0
As you know I thought CSL was a buy at $37 and now it's $27ish so it's now an even better buy for me.

Barcoo
I'm not too sure what to think about CSL. It's got a p/e of 40 which is high but a PEG of .41 which indicates there's still some way to go. At $28 it's a far better buy than six months ago but it could drop some more yet. I've been looking pretty hard at my port because there are indications that the US market is in for a big fall soon - it will take out the present lows in a big way. If this is the case then the ASX will go down with it and probably CSL too. This would make it an even better buy than it is now.
CSL goes on the watchlist !!
Regards
Harmy
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