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I received the chart in my e-mail, not as an attachment. How do you do
that?
Al Taglavore
Dave Zawicki wrote:
>
> Bill Saxon wrote:
> >
> > Harley ...
> >
> > The tone of your post would lead one to believe that you pay attention
> > to <gasp> Fundamentals. A technician's room should be windowless
> > [:-).
>
> I'm not immune to looking at fundamentals but this one meets my criteria on the
> fundamentals as well as the technical. The rough spot may come in the spring
> when Japanese start announcing the capital equipment expenditures. Ripple
> effect might knock the group for a loop.
>
> Nice OBV and Money flow into this one currently.
>
> The attached chart shows the current forward p/e relative to the S&P 500 p/e for
> the past 2.5 years. SVGI is near the lows set in the crash of the group in
> 1996. A return to a "normal" premium to the S&P would suggest that Jim's
> estimate of $38 is conservative.
>
> Earnings estimate changes alter these graphs dramatically. ;-)
>
> Now since I'm using a graph, is this fundamental analysis, or technical?
> <grin>
>
> ----
> Dave
>
> ---------------------------------------------------------------
> [Image]
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