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Politics : High Tolerance Plasticity

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To: MythMan who wrote (14347)	6/8/2002 8:53:35 AM
From: pvz	Read Replies (1) of 23153

MythMan, I used to look at Yardeni's chart while it was up, but when it disappeared I put it together for myself. I now have Excel charts going back to 1988. The components are: - 10 year yield ($tnx.x) - $spx.x - S&P operating earnings estimate. This can be found at: spglobal.com I'm not sure it's not just a nice intellectual exercise, because in the short term the valuation has no bearing at all on the technical direction of the market.

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