A Dozen Stocks Still Defy Gravity

Fund Junkie: Weigh Your Tech Exposure and Consider a Diet

David Gaffen: Tech Stocks Not Cheap Yet

Justin Lahart: Margin Debt at Worrisome Levels

Jim Cramer: Get Liquid

Brett Fromson: Get Ready For Fourth-Quarter Pre-Announcements

Technical View: A Lesson in Tops for a Market Ready to Bottom

Metrics View: A Dozen Stocks Still Defy Gravity

Taskmaster Chat: Take a Defensive Posture

Fund Junkie: Climate Is Changing for Net Bellwether Stocks

Eight months ago it was common, perhaps even expected, for stocks to trade at unheard-of valuations, like 200 times earnings and 40 times sales. Today, many -- indeed most -- of those steeply valued stocks have been taken out and shot. Yet despite the widespread carnage, a handful of stocks continue to act like it's still early March.

The table below -- generated using Marketguide.com's stock-screening tool -- shows the 12 stocks that, entering this week, still traded at more than 200 times their trailing price-to-earnings ratios and more than 40 times their trailing price-to-sales ratios. (The trailing price-to-earnings ratio is the price of the stock divided by the company's last 12 months of earnings per share; price-to-sales ratio is the price of the stock divided by the company's trailing 12 months of sales per share.) ...