Zeev's Turnips Patch-No Politics (ZEEV)

[mike2223]

Bell curve - If NASDAQ 800, where do you see bottom for DOW and S&P (or do they keep DOW up to draw new money in all indices?)? First Call analyst opined fair value of S&P at about 840 given future earnings power with more downside due bear market. Hussman seams to indicate a fair value of 600 in order to acheive long term returs of 9% per year thereafter, and says currently under 8% long term return. Thanks