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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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From: westpacific3/10/2009 6:13:53 AM
1 Recommendation  Read Replies (2) of 116555
 
Yield and GAAP fair value...

S&P and INDU

5% yield
574 5699
6% yield
478 4749
8% yield
359 3562

GAAP
Undervalued S&P with PE of 10 is 174
Fairvalue with PE of 15 is 261
Overvalued with PE of 20 is 348

All based on current earnings of course, if they get worse...

Really, have we seen THE BOTTOM?

This should answer that question.

West
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