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Re: bob3 post# 30223

Wednesday, 07/02/2008 11:23:32 AM

Wednesday, July 02, 2008 11:23:32 AM

Post# of 76351
None, he maintains his "... timing model remains in favorable territory..."
Going forward into 2009 providing that oil prices stabilize or decline applying the P/E range of 16.5 to 17 on the S&P 500 we will see upside potential to 1600 (according to my calculations) if the current P/E is 13.2.
George.

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