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Strategies & Market Trends : Shorting SPY for fun and profit. -- Ignore unavailable to you. Want to Upgrade?


To: studdog who wrote (70)11/10/1997 12:03:00 AM
From: Berney  Respond to of 346
 
Karl,

Graham actually used 4.4, the prevailing interest rate the last time
the book was updated. The Amer Assoc of Individual Investors did
an article on the formula and they suggested that part of the
equation to take into consideration current interest rates. The 6.9
is the Moody's AAA Corporate bond rate at 11/7.

Berney