The Black Box

[Alex G]

A little perspective: the comp is lower than it was in Jan 1997. Just by a little. IMHO, it is willing to wait for fa improvement


that's the bullish case?

because the comp is lower now than 1997??... that makes it cheap?

"it" is willing to wait???... "it" will just ignore the rest of the historical perspective?

stick to your t/a indicators for short term trading only, you'll probably do ok

as for longer term, your f/a reasonings are seemingly media induced, and frankly, bizarre... "1100 spx target from a BoA analyst, pro-forma eps est ??




i hope not too many are following you, plucking down long term funds "hoping" for the "new bull"