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Strategies & Market Trends : Zman Market Timing -- Ignore unavailable to you. Want to Upgrade?


To: Fintas who wrote (4453)9/25/2014 11:19:07 AM
From: rdkflorida2  Read Replies (1) | Respond to of 15903
 
Yes, longer term for a correction. Not end of times scenario. I am a long, long way from looking for a bunker to hide in. LOL! If I may, here are my parameters.

S&P earnings estimates for 2015. The low I have seen is $125 the high $142. I am using $130. Sooooo>>

At low $125 X 15 PE = 1875, at high $142 X 15 PE = 2130. My $130 X 15 = 1950. Yes, it's simplistic but it has kept me out of trouble for many years. Markets always seem to over shoot in both directions so I adjust as I go along. Just my K.I.S.S. system. RDK.