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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: chic_hearne who wrote (26892)12/21/2000 11:04:01 PM
From: FlameMe  Respond to of 65232
 
Well, this model looks at the S&P 500, so take it with a grain of salt when extrapolating to the naz. But, the formula was explained in a 1997 fed report accompanying the humphrey hawkins testimony.

Check out www.yardeni.com/public/stkvalu.pdf for more info.

ross

ps. naz 700? ouch!



To: chic_hearne who wrote (26892)12/22/2000 12:05:09 PM
From: r.edwards  Respond to of 65232
 
you should use GNP, as export trade flows back into the system anyway.


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