Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: ChrisJP who wrote (31145)	2/20/2002 6:53:18 AM
From: LTK007	Read Replies (1) of 99280

<<As for valuations, do yourself a favor -- go find or print out a long term chart of the S&P 500 on a log scale. Extrapolate the trendline from 1991 - 1995, which were 5 slow growth years. The extrapolated value of the S&P 500 based on that trend line is maybe just a little bit below where it is now -- like 1000ish. That doesn't even take into account interest rates and unemployment back then vs. now.>> simple explanation,when we break below your line will can OFFICIALLY pronounce the Bull is dead.And we have entered BEAR market evaluations.

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