cynic69

Four Reasons to Believe in the "Bear Stearns Bottom"

Wait a minute Jordan. No matter how smart your model is someone had to dream up some earnings to input to the thing. Are they past earnings? Those are ancient history. Are they forward looking earnings? Those are someones wishful thinking. I suggest that with the price of oil higher than its ever been in history future earnings are a mystery. Knowing how much the bulls want this market to recover I think maybe the future earnings you used for your model were a sckosh on the high side.