Correction?

[moneymaker]

I personally don’t see how he can legislate such stuff, he is suppose to be an expert on the constitution ,right!?

[davelj]

S&P 500 is about 30% overvalued. It’s either going to head back down to 875-ish, or there won’t be much return over the next 5-7 years. Either way, the S&P is a very bad bet from current levels. But it was a good long-term bet under 700.

Great graph at this link:

http://dshort.com/charts/SP-Composite-regression-charts.html?SP-Composite-real-regression-to-trend

What’s amazing to me is how long some of these periods of over- and under-valuation last.

[davelj]

S&P 500 is about 30% overvalued. It’s either going to head back down to 875-ish, or there won’t be much return over the next 5-7 years. Either way, the S&P is a very bad bet from current levels. But it was a good long-term bet under 700.

Great graph at this link:

http://dshort.com/charts/SP-Composite-regression-charts.html?SP-Composite-real-regression-to-trend

What’s amazing to me is how long some of these periods of over- and under-valuation last.

[davelj]

S&P 500 is about 30% overvalued. It’s either going to head back down to 875-ish, or there won’t be much return over the next 5-7 years. Either way, the S&P is a very bad bet from current levels. But it was a good long-term bet under 700.

Great graph at this link:

http://dshort.com/charts/SP-Composite-regression-charts.html?SP-Composite-real-regression-to-trend

What’s amazing to me is how long some of these periods of over- and under-valuation last.

[davelj]

S&P 500 is about 30% overvalued. It’s either going to head back down to 875-ish, or there won’t be much return over the next 5-7 years. Either way, the S&P is a very bad bet from current levels. But it was a good long-term bet under 700.

Great graph at this link:

http://dshort.com/charts/SP-Composite-regression-charts.html?SP-Composite-real-regression-to-trend

What’s amazing to me is how long some of these periods of over- and under-valuation last.

[davelj]

S&P 500 is about 30% overvalued. It’s either going to head back down to 875-ish, or there won’t be much return over the next 5-7 years. Either way, the S&P is a very bad bet from current levels. But it was a good long-term bet under 700.

Great graph at this link:

http://dshort.com/charts/SP-Composite-regression-charts.html?SP-Composite-real-regression-to-trend

What’s amazing to me is how long some of these periods of over- and under-valuation last.

[sdduuuude]

[quote=davelj]What’s amazing to me is how long some of these periods of over- and under-valuation last.[/quote]

Totally agree.

[sdduuuude]

[quote=davelj]What’s amazing to me is how long some of these periods of over- and under-valuation last.[/quote]

Totally agree.

[sdduuuude]

[quote=davelj]What’s amazing to me is how long some of these periods of over- and under-valuation last.[/quote]

Totally agree.

[sdduuuude]

[quote=davelj]What’s amazing to me is how long some of these periods of over- and under-valuation last.[/quote]

Totally agree.

[sdduuuude]

[quote=davelj]What’s amazing to me is how long some of these periods of over- and under-valuation last.[/quote]

Totally agree.

[Arraya]

It’s all driven by emotional/irrational behavior which by human nature herds. This next down trend, if it indeed has started, should go throughout 2010 and overcorrect to the downside.

[Arraya]

It’s all driven by emotional/irrational behavior which by human nature herds. This next down trend, if it indeed has started, should go throughout 2010 and overcorrect to the downside.

[Arraya]

It’s all driven by emotional/irrational behavior which by human nature herds. This next down trend, if it indeed has started, should go throughout 2010 and overcorrect to the downside.

[Arraya]

It’s all driven by emotional/irrational behavior which by human nature herds. This next down trend, if it indeed has started, should go throughout 2010 and overcorrect to the downside.

[Author]

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