MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: Death Sphincter who wrote (12523)	6/3/2002 5:49:16 PM
From: yard_man	Read Replies (1) of 19219

I propose a new bubble constant -- .5213415686 Simply multiply recent estimates for trailing PEs by this number to get a PE that you can compare with historicals. But if you are given a projected PEs for the S&P then you must divide this constant by the number of CEOs that have stepped down in the last 6 months and raise it to 1/this number and then multiply the projection ... Now if it happens to be Wed and you haven't had a hot dog this week ... but you have had a hamburger with onions ...

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