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Pretty interesting to again read some articles about "fair value" of SP500 at 1650.
Surely they were not hyping you, the fair value of spx should be 20000! You can come to me if it is not like that 100 years later.
forcast for eoy 2013 range from 1760 (Dwyer) to 1390 (Adams). Mean is 1625. In other words, nobody knows.
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