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Strategies & Market Trends : P&S and STO Death Blow's
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To: h8_2_b_l8 who wrote (11885)10/22/2002 6:15:12 PM
From: LTK007  Read Replies (2) of 30712
 
I doubt very few investors know what this means; but if they did the funds will just tell them "based on are continued hallucinations the SPX future earnings are at 15-1 and this market is a screaming buy" And of course then we have the manifestly ludicrous Fed Model, which will say stocks are UnderValued significantly.
Buffet says it isn't safe to buy until SPX is at MINIMUM 18-1 based on Trailing earnings and with growth ahead.
Max
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