SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Alan Whirlwind who wrote (5629)6/26/1998 8:59:00 AM
From: Chuck Schmeling  Read Replies (1) of 42834
 
Did anyone notice that valuations crossed over into uncharted territory again this week? Valuations hit a high on June 24 of 22.66 at the close (if you use Bob's $50/sh operating earnings). The last high was on Apr 22 at 22.61. Yesterday we dropped back to 22.59 (S&P at 1129.28)

I know Bob was calling for a target of 23 to 23.5 times current operating earnings of $50 or 1150 to 1175 for the S&P 500. With these levels, I'm starting to feel a little like Humpty Dumpty, not Goldilocks.

Chuck
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News