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#1 Tor

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Posted 30 July 2009 - 05:21 AM

Stocks are cheaper today than in 1980. I have been looking at long term fundamentals here. 10 year returns have mean reverted. This used the Graham and Dodd valuation measure. I see the problems in the commercial property market on the horizon, therefore we push one more time up, then we can sell off. I have spoken to George and he agrees :lol:
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#2 CHAx

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Posted 30 July 2009 - 05:36 AM

You truly are the Sylvia Browne of trading. :guru:

#3 eminimee

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Posted 30 July 2009 - 07:03 AM

ES made new highs at around 6:21 this morning...around the time of your post....What "one more push" are you referring to?....The one that started from yesterday's low....or another push after a pull back?

#4 Tor

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Posted 30 July 2009 - 08:20 AM

ES made new highs at around 6:21 this morning...around the time of your post....What "one more push" are you referring to?....The one that started from yesterday's low....or another push after a pull back?


Up from here.
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#5 eminimee

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Posted 30 July 2009 - 08:25 AM

You are uncanny at predicting the present.. ;) (the above is not a malicious statement...just a friendly elbow ribbing) ....Beware of any spike over 985 SPX that quickly retreats back under it...

#6 mss

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Posted 30 July 2009 - 08:38 AM

....Beware of any spike over 985 SPX that quickly retreats back under it...


I gonna try 985 ++ and hold :lol: :P :lol:

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#7 eminimee

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Posted 30 July 2009 - 08:43 AM

....Beware of any spike over 985 SPX that quickly retreats back under it...


I gonna try 985 ++ and hold :lol: :P :lol:

:cat:


to me this is scary top price action...similar to what I was seeing at the recent bottom around July 9th...only in reverse...

#8 milbank

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Posted 30 July 2009 - 08:44 AM

Stocks are cheaper today than in 1980. I have been looking at long term fundamentals here. 10 year returns have mean reverted. This used the Graham and Dodd valuation measure.

I see the problems in the commercial property market on the horizon, therefore we push one more time up, then we can sell off.

I have spoken to George and he agrees :lol:


The chart below appears to show stocks being more expensive now than in 1980. What am I missing? TIA.
Posted Image

Edited by milbank, 30 July 2009 - 08:46 AM.

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#9 Tor

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Posted 30 July 2009 - 09:53 AM

Stocks are cheaper today than in 1980. I have been looking at long term fundamentals here. 10 year returns have mean reverted. This used the Graham and Dodd valuation measure.

I see the problems in the commercial property market on the horizon, therefore we push one more time up, then we can sell off.

I have spoken to George and he agrees :lol:


The chart below appears to show stocks being more expensive now than in 1980. What am I missing? TIA.
Posted Image


The trend?
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