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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: JoanP who wrote (9774)12/1/2001 12:25:46 PM
From: retiredcfo  Respond to of 99280
 
Joan:
Interesting post - a little more optimistic than I would have guessed.
thanks
gm



To: JoanP who wrote (9774)12/1/2001 2:29:15 PM
From: LTK007  Read Replies (1) | Respond to of 99280
 
excellent site Joan and i will follow their updates but my immediate caution to myself is this.It is a rear-view mirror historical statistic evaluation site and i am in a camp that is suspicious this present situation is going to set NEW standards for these measuring devices.
Also regards their stock prices indicator they are in NO way factoring historical evaluation in this indicator.It is simply,stock market rising is an solid indicator the worse is over and totally ignoring that in 1982 our stock evaluation had fallen WAY WAY below our present evaluations and were significantly deflated<S&P at it's worst was down to a p/e of 6-1>.
Plus they are not addressing that we are coming off history's greatest BUBBLE and thus are not addressing the fact the BUBBLE remains strongly in place per historical evaluations.
they say this,however,in spite that mildly optimistic tone <<There are not many indicators that can anticipate a recovery as accurately as stock prices, assuming it's not a false dawn. So if July 2002 is indeed the recovery date, stock prices are likely to drop to new lows around next March, four months before that recovery begins.>> -------so even with a tone of optimism they STILL indicate there will be NEW lows around March 2002,and that i can live with:) and gives us plenty of time to consider all these matters.No one is missing the boat by not buying in now,in my view.Max



To: JoanP who wrote (9774)12/1/2001 7:29:11 PM
From: s berg  Respond to of 99280
 
Thanks for the great links JoanP

I once did a google search looking for that ECRI index and did not come up with their web site.

Here is an interesting link from Schiller / Yale on real estate prices.
money.cnn.com

Read some of your backposts. Congrats on urging stock purchase right after 9/11.