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Strategies & Market Trends : Bob Brinker, Moneytalk and Marketimer

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To: davidk555 who wrote (2103)11/14/2008 6:00:58 PM
From: Kirk © of 2121
 
From the "Bob Brinker Fan Club Blog"
bobbrinkerfanclub.blogspot.com

In January 2008, Bob Brinker thought S&P500 earnings would be nearly $100 for 2008. In his January 2008 newsletter, Brinker wrote: "Marketimer currently estimates S&P 500 Index operating earnings for 2008 of $97.10... Using our forward price/earnings multiple estimate of 16.5 to 17 times earnings, the S&P 500 Index should be able to achieve a price level into the 1600's range this year."

Today the S&P500 closed at 873.



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