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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: wooden ships who wrote (4216)3/17/1998 2:05:00 AM
From: sea_biscuit  Respond to of 42834
 
And according to another model, the stock-market is 34% overvalued as of 03/06/1998.

together.net

Dipy.



To: wooden ships who wrote (4216)3/17/1998 11:06:00 AM
From: Ken Brown  Read Replies (1) | Respond to of 42834
 
Truman,

Thank you for posting the summary of the Barron's article on market valuation (or should I say, over-valuation?). I'll admit that for the last 6 months or so, I've been a somewhat nervous nellie myself. I was glad to see the market correction in October, and the subsequent testing and re-testing process. But the most recent liftoff has left me almost hoping that Bob would scream "GET OUT NOW".

I just hope I don't do something stupid, on my own. :-)

Ken



To: wooden ships who wrote (4216)3/17/1998 1:02:00 PM
From: DD™  Read Replies (3) | Respond to of 42834
 
jUST Taken from Briefing.com..

New Stock Targets: Goldman Sachs strategist Abby Joseph Cohen has raised her market targets from 8700 to 9300 for the Dow, from 1776 to 1900 for the Nasdaq and from 1075 to 1150 for the S&P 500; sets 1998 S&P operating earnings growth at 7.9% and 1999 S&P operating earnings growth at 8.9%.....

Looks like AJC and BB are marching in lock-step upward to new market highs.

DD