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Would likely push the TBill/Earnings Yield Ratio into 2.5 area which is
about double extreme pushing valuations to limits not seen in 70+ years..
Earl
----- Original Message -----
From: <Proffittak@xxxxxxx>
To: <eadamy@xxxxxxxxxx>
Cc: <realtraders@xxxxxxxxxxxx>
Sent: Friday, November 12, 1999 5:59 AM
Subject: Re: Near term SP500
> In a message dated 11/11/99 6:00:11 PM Eastern Standard Time,
> eadamy@xxxxxxxxxx writes:
>
> << Had to do a bit of juggling, even as big as this is, but this shows the
62%
> w.5 target at 1750 and 100% w.5 target at 2062. I have major time cluster
> w/e 06Mar00, 17Apr00, and 24Jul00. The very long term historical chart of
> the S&P cash which I've posted previously has upper channel from the 1929
> high currently just shy of 1600. I know it sounds crazy, especially given
> the valuation model off the chart, but my hand work and AGet's work all
> agrees, and so far at least, everything is on target from 22Oct.
>
> Earl >>
> thanks for the gif
> this will put sp with p/e of >40 (even if earning increase ave 15%)
> if this will come to reality
> I will throw away all my books related to fundamentals projections
> have a nice weekend
> Ben
>
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