InvestorsHub Logo

DiscoverGold

07/02/08 11:23 AM

#30224 RE: bob3 #30223

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.