LOL, This chart illustrates that FA is worthless!!!!!

I am sorry that I have badmouthed FA (I know you >90% DQers believe FA)!!  However as a scientist  I only believe in data.  
When I look at this data all I see is how bad PE analysis have been in assessing the market.  

1.  The correlation between PE (fwd.) and SPX price has been very poor!   
2.  According to the data on this chart:  PE (fwd.) @ 13.9X is lower than that of 1997 & 2002 and SPX should doube in 3-4 years.

所有跟帖: 

Lol, Junkie is too extreme by saying that FA is worthless!!!!! U -我想飞- 给 我想飞 发送悄悄话 我想飞 的博客首页 (132 bytes) () 08/11/2013 postreply 09:32:57

I am just pointing out the obvious!! -TA_Junkie- 给 TA_Junkie 发送悄悄话 (0 bytes) () 08/11/2013 postreply 14:40:58

请您先登陆,再发跟帖!