http://en.wikipedia.org/wiki/Fed_model
suggesting S&P500 is significantly undervalued. However, over the next twelve months, the S&P500 index fell from 1,325.19 (January 18, 2008) to 805.22 points (January 20, 2009), a drop of more than 39%.
suggesting S&P500 is significantly undervalued. However, over the next twelve months, the S&P500 index fell from 1,325.19 (January 18, 2008) to 805.22 points (January 20, 2009), a drop of more than 39%.
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