re: #737 Max Darkside

Buck,

If you come back to this thread, you might read this:

$13−−The First Quarter Earnings Estimate for 2009 (until yesterday)
Fri, Apr 17 2009 by Comstock Partners Team

They use that spreadsheet too (it is used widely, BTW), and expect the S&P500 to bottom in the 500’s. Seems they could be right. Hard to say.

I came back… it is an interesting analysis. However it speculates that people will not have the GREED FACTOR. You buy a stock for what it will be, not what it is….

So if you don’t believe that these companies will recover… then get out… however if you think that in 2 years the earnings will be higher, and the prices will be higher… then “INVEST”…

/nothing I write in any post or email, or discuss in person, or over the phone should be taken as advice with regards to anything. Always seek the advice of a professional.