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

To: 4rthofjuly007 who wrote (26498)2/3/2002 3:58:07 PM
From: exp  Respond to of 99280
 
4July: this is precisely why I posted the model: so we can track the fair value and compare it with the actual stock index performance. However, (1) Abby J Cohen and many other Wall Street strategists DO NOT forecast NAZ values, (2) the process of the market becoming undervalued typically takes years so many expect a wide trading range for years to come with P/Es eventually becoming MORE UNDERVALUED than on 9/21.



To: 4rthofjuly007 who wrote (26498)2/3/2002 4:12:42 PM
From: Les H  Read Replies (1) | Respond to of 99280
 
Someone posted on another board that AJC will be revising her year end targets in March or April to reflect her revised EPS estimates. That may be the capitulation low. Didn't she do something along those lines in 2001 in the spring?


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