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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: wmwmw who wrote (9044)2/4/1999 4:04:00 PM
From: ViperChick Secret Agent 006.9  Read Replies (1) | Respond to of 122087
 
approximation

5 multiple on NAZ
although arguments are out there that it should be less than that...but that is the standard you will see used

use 7-9 on the SPX...that average changes daily ...and someone at Bloomberg once told me how to figure it out..but I dont bother...I just go with 8 and leave it at that

its not important for me to be that accurate..I just like a general feeling because the Dow is too narrow for me

maybe someone out there can send you to a link on how to figure it out exactly...

ps

Intel news out today and didnt even know it..had CNBC on mute..and they are blaming that on the sell off in the NAZ