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Strategies & Market Trends : Humble1 and Swing Trading Friends -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (24976)12/21/2016 4:15:45 AM
From: humble1  Respond to of 41032
 
bob: i have great respect for henry; no better anywhere, imho. i'll watch that 2350. i'm still open to the possibility that spx will march higher to spx 3000, maybe after a quick swoon from the 2400's.

the p/e actually works. 20 x is doable in a low i-rate environment, which we are still very much in. spx $150 earnings next year is not too crazy, though the strong $ does hurt. the oil surge and the much better environment for financials could give a big boost.