Tuesday, November 18, 2008

S&P Pon Farr

Seven years isn't that long...even if you ain't a Vulcan.

America's love affair with equities though may have to take such a pause if the analysis from Citizen Sedacca of Minyanville is 'on the screws'.

He opines that he needs to see the Annualized 16-year Returns for the DJIA be comparable to past secular bear oversold extremes in order to be long-term constructive on equities.

That would place us at about S&P 800 in 2016.

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