I've updated my fair value target for the Dow Jones, and it is coming in strong at 12950, which represents around 6.5% upside from here.
[http://macrovalueinvestment.com/?p=240]
Whilst I have the XJO flat at 4300, perhaps the DOW will help lift the XJO to 4400 or slightly higher.
It will be interesting to see how it plays out and to see whether my DOW fair value target is accurate or not.
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I've updated my fair value target for the Dow Jones, and it is...
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