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Strategies & Market Trends : Strictly: Drilling II

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To: ild who wrote (20880)10/29/2002 2:38:49 PM
From: isopatch  Read Replies (1) of 36161
 
<on the basis of any fundamental other than earnings,

valuation multiples (price/revenue, price/book, price/earnings, market cap/GDP, etc) remain 50-100% higher than their historical averages (not to mention typical levels seen at bear market troughs).>

Hussman's fundamental arithmetic leads us to the same ballpark as nspolar's LT EW target on the dow of 2500, posted here earlier.

Message 18168163

Good fundamental and technical work compliment eachother.

Isopatch
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