Longer Term: The Bullish Case.

janez

<The following is extracted from www.bostonwealth.net>

Bears remember this please:

Measures of interbank lending and general credit conditions, while they’ve faltered a bit in recent weeks, currently are well within the normal zone, whereas the last time the S&P rushed to 1100 on the way down, those markets were in severe distress.

Bears remember this please:

Citigroup has studied 50 years of large one-day falls on the S&P 500. When markets have fallen 3 per cent or more on a given day, the average return over five, 20 and 60 days was 0.78, 0.21 and 2.56 per cent, respectively

Bears remember this please:

Analysts collectively are looking at 2011 earnings for S&P 500 companies above $95.  Applying a 16.37 or so multiple will get you very close to new market highs at around 1555 for the S&P 500.  Read here  to see how to apply the multiple!   Highest close was 1565 on October 9, 2007 and highest intraday level was 1576 on October 11, 2007.

err folks…. very simple rule here.. the Greek Crises will be resolved by June 11, 2010.. no ifs ands or butts about it.. no kinda sorta maybe but not really anything about it.. you all know why.. they will all have a giant pacifier that will have them all transfixed and glued to the tube! World Cup 2010 with Greece in it!!!!
You think they wanna be out throwing stones!!! Greece won Euro 04 and the country went ballistic with happiness for month.. encore and round two with the World Cup just weeks away.. win or lose it will unite the country in the global of global sports!!!!!

trueself

好久没见

janez

回复 2# trueself

Oh, missed you. Way too busy at work and at learning. tough. Hopefully, one day...