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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
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