Saturday, August 15, 2009

BULL MARKET PER ONE METRIC "THEN AND NOW"

With rising unemployment, data showing falling consumer sentiment, falling shipments via RAIL and CONTAINER SHIP, etc etc....IMHO ITS a BULL on PAPER. When it ends, and found an economy in a death spiral I think next BEar will finish us off. AT SPX 24 X earnings and rising....DIVIDEND YIELD at 2.75%, this is VERY Expensive market and so was MArch bottom.

D

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