tag:blogger.com,1999:blog-1708908742323002823.post8996383753029522444..comments2024-02-10T02:18:27.240-08:00Comments on Trader Dan's Market Views: S&P 500 Technical AnalysisTrader Danhttp://www.blogger.com/profile/05484363461047659198noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1708908742323002823.post-43094009575845305442011-08-18T01:55:37.305-07:002011-08-18T01:55:37.305-07:00Incidentally, the pennant target of 975 coincides ...Incidentally, the pennant target of 975 coincides decently with "fair value" estimates based on a variety of empirically reliable valuation metrics (no, not the nonsense Fwd earnings crap or fed model mumbo jumbo) like the Q ratio, Shiller P/E and Hussman operating earnings methodology. <br /><br />The point? Fundamentally based investors are likely to step in despite technical weakness at this point. Charts come first for me, but keeping an eye on valuations is another valuable tool. Thanks for all your good technical work, Dan. Your site is one of my routine stops every trading day./HAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-61686351608842723932011-08-17T22:29:25.617-07:002011-08-17T22:29:25.617-07:00your wisdom and altruistic dedication to instill i...your wisdom and altruistic dedication to instill in others the pursuit of knowledge is truly commendable and always appreciated...<br /><br />take care...stanhttps://www.blogger.com/profile/07151334384287326821noreply@blogger.com