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


To: Crimson Ghost who wrote (41026)3/15/2002 8:57:39 AM
From: TREND1  Read Replies (1) | Respond to of 99280
 
George
The Hal Fed Model was 17% over valued yesterday.
Interesting it was also 17% at the recent top
a few days ago.

Conclusion:
The 10 year bond is "demanding" more earnings
in order to balance the valuation equation.

Very interesting !
Very interesting !

Larry Dudash



To: Crimson Ghost who wrote (41026)3/15/2002 8:59:43 AM
From: TREND1  Respond to of 99280
 
George
Interest rates on houses back over 7% per radio this morning.
Larry Dudash



To: Crimson Ghost who wrote (41026)3/15/2002 9:06:26 AM
From: martin001  Respond to of 99280
 
That would be the logical approach <g>

Just as I type I see a massive buy order imbalance
hit the tape on DJA stocks. Must be a program buy.

Anyway I wouldnt underestimate the ability of the street
to manufacture (or maintain) the rosy forecasts
thru earnings season. As they ratchet down earnings estimates I am sure most companies will make their #s.
And we all know how optimistic the CCs can be
(even if they are dumping shares themselves)

But I agree with you that some time this year the market
will be "undervalued" by the Fed Model.

M