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Re: Bond/SP Earnings ratio



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In a message dated 1/5/99 8:42:05 PM Eastern Standard Time, corrion@xxxxxxxx
writes:

<< Do you know the symbols for "earning yield on the S&P" as well as the
"price
 earning" referred to below?  Or do you hand enter this data?
 
 I recently switched to MyTrack for a data source so I have more data
availability
 than with Worden's.
 
 Thanks,
 
 John >>
sorry john  i do not have the symbol.
in barrons mkt lab it appears weekly
you just take the earning  divided by price and that is the earning yeild
when  the  yeild is UNDER the 3 month treasuries you are in danger zone
i further  take  the 2 year average  earning  divided buy  2 year avrage price
to take out  the  wipsows .
this gives intermidiate  signals  (3-6 month looking forward)
some time  it is a week or two early in getting out of markets
happy trading
Ben