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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (36451)4/27/1999 8:38:00 AM
From: MythMan  Read Replies (1) | Respond to of 86076
 
I estimated based on a quick looks at a yahoo chart. The scales there must be wrong as are the 200 mda lines on them.

I agree that at 35+ multiple on the s&p and no dividend yield (don't bother mentioning the 1 percent and change...it is zero) that we aren't that stretched. -s-



To: John Pitera who wrote (36451)4/27/1999 8:44:00 AM
From: MythMan  Respond to of 86076
 
this chart says 30% over.
quote.yahoo.com^IXIC&d=1ym

200mda= ~2000 times 1.30 = 2600.



To: John Pitera who wrote (36451)4/27/1999 9:06:00 AM
From: Terry Whitman  Read Replies (2) | Respond to of 86076
 
MATH 101
The divisor is the 200 day MA. Thus I am correct.

% over 200 dayMA = (Current - 200day)/200day

Same as % return on investment = (current - original)/ original



To: John Pitera who wrote (36451)4/27/1999 9:08:00 AM
From: Terry Whitman  Read Replies (1) | Respond to of 86076
 
Future Myth threader- <g> amcity.com:80/charlotte/stories/1999/04/26/editorial3.html


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