Former Value Line chairman, Sam Eisenstadt, has a model that is predicting a 12% gain in the S&P 500 in the next 6 months.
http://www.marketwat...3-12?siteid=rss
If you read the article, he claims a 0.33 r-squared value for the model since the 1950's. Not great, but better than most models out there. Still, it does not explain 67% of the variability in six month returns, which leaves a lot of uncertainty.
KMB
Strategist Forecasts 2100 for SPX by September
Started by
kssmibotm
, Mar 12 2014 12:09 PM
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#1
kssmibotm
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Posted 12 March 2014 - 12:09 PM
People think the Holy Grail is something looked for but never found. In fact, it is something often found but rarely recognized.
