Unrelated to XJO but thought I'd share as this guy crunches the numbers for us and seems topical ATM.
http://blog.rogermontgomery.com/
He uses a lot of historical data so put your own future earnings in place of his valuations but the dilution factor remains.
If we are to follow the free cash market our next GANN range is 4980 to 5441 with the first fib target of 5089.(rounding)
Good trades all.
As the XJO section goes through it's metamorphosis with new posters we can only strive for the high levels of former insight that has entertained us in the past.
Personally I think you all contribute to my learning and entertainment.
Cheers.
P.
Volt,In the same boat, last trading parcel funds hit my account today.
NEWS, Once my monthly/1/4erly targets are met I tend to lock'em in. If the main source of income is the markets then just treat it like any other business.
BV-Selmax; hope I didn't offend with last night's post of Flaming Poster
Night.
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