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jstratt » Comments » CHINA

  • Stock Market Performance: BRICs Leading Current 'Recovery' [View article]
    Excellent information!

    I see plenty of opportunities in the US and Europe. Currency risk is a larger consideration than normal at this time.

    We have farther to go in our downturn but we seem to have stopped falling. The SP500 is at about 53% of its highs. It is a time to stop and assess how much damage has been done. When I do that I conclude that a good 1 year expectation for the SP500 will be about a 25% drop.

    S&P 500 1 year forecast to April 2009 is 1565*.75 = 1174. That is a 39% increase.

    I point this out because I dont believe companies have lost 50% of their business in a macro sense. Others can argue that we have more shoes to drop and if that happens it would reduce the potential 1 year gain of this quickie assessment.
    Apr 04 11:27 am |Rating: 0 0 |Link to Comment
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