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Denbury Resources Inc. Message Board

  • harehau harehau Mar 31, 2013 10:22 PM Flag


    An article in Barron's, said that strategists forecast near $30 of S and P 500 earnings in the 4th quarter, 16.7x avg PE over past 15 years x $120, 2000 S and P index by year end, a 30% increase. And if interest rates stay in the current range, 2% for the 10 yr T note, 2000 on the S and P could be conservative. Seems it's going to take some significant negative shocks to change the market trajectory.

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