Saturday, April 5, 2008
could an explosive rally be forthcoming?
the differential between 10 year yields and the earnings price ratio of 4.5% has to be the highest in history, and that would seemingly predict the greatest market rise of the last 20 years, in the next year. that's according to the 'fed model' and that's what Abbey Cohen based her predictions on. and it's a shame that she stopped making those forecasts just when they were seemingly so valid - goldman sachs kind of demoted her - another 'sign' a rally's forthcoming?