Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: John Lee CA who wrote (216)	6/26/1999 2:46:00 AM
From: Michael Watkins	Read Replies (1) \| Respond to of 19219

John, Have a look at Message 10264292. You'll need Adobe acrobat to view the PDF referenced.

To: John Lee CA who wrote (216)	6/27/1999 1:48:00 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 19219

John, the S&P model on the chart to which i provided the link uses the 30 year bond yield and the S&P earnings yield as it's basis. the more commonly used model is the Fed's, which is based on S&P forward earnings(using I/B/E/S forecast) and the 10-year bond yield; it looks equally ugly, showing the S&P to be approx. 37% overvalued. a good place to look for the details of this model is Ed Yardeni's web site yardeni.com regards, hb