In case any of you are interested in what the other half regards as 'value' investing here is Sabrients view of sector valuations :-

http://www.sabrient.com/blog/?p=5976

According to them Technology is still the top sector to own followed by Financials on a forward looking, fundamentals-based, quantitative algorithm.

I have no experience of whether the Sector Detector is value adding but maybe you might find it interesting.

Trev:O)