Trading the SPOOs with Patrick Slevin! Message Board

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Strategies & Market Trends : Trading the SPOOs with Patrick Slevin!

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To: Tom Byron who wrote (6851)	9/23/2001 5:40:18 PM
From: Louis V. Lambrecht	Read Replies (1) of 7434

Tom - funny: just made some math on the SP earnings following a post of a buddy: Message 16401006 spglobal.com assuming 30% less earnings and a price closer to 16 P/E, I came with a projection of 620. lvlamb.itgo.com (data as of Sep 19) pitchfork is not very distant from a S/R line I drew from 1950. (Roughly a slope of 7%). Got another pitchfork, from Sep 2000, on which we also were at the middle.

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