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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread
VTI 335.99-1.1%Dec 12 4:00 PM EST

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To: joefromspringfield who wrote (6285)8/23/2011 4:21:31 PM
From: marc ultra2 Recommendations  Read Replies (1) of 10065
 
<Do you know what number he may be using? I have seen varying estimates recently.

I believe he's using $93.50 for 2011 S&P earnings and on the last show he indicated that remains the case even with the sluggish economy. He generally considers his numbers conservative. I think in the next few months he may switch to a 2012 estimate. As far as I know he bases his numbers on analyst estimates for each stock in the S&P500 and I imagine he uses a service or program to come up with that estimate.
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