Quote from bwolinsky:
There isn't enough of a spread to make any difference in your prediction, and the value wasn't my problem, the prophetic certainty it would not breach those levels was my issue.
They will, and I don't know why the surfers in this journal are arguing that that won't happen when S&P is at less than 15 on a PE means we're overvalued.... fundamentally this is wrong...
Technically, this is an oversold level on a higher low and even if we keep going up and down the eventual result is well above 15,542.