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This profile was automatically generated using 1 reference found on the Internet. This information has not been verified. Learn more...
This profile was automatically generated using 1 reference found on the Internet. This information has not been verified. Learn more...
Web References
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1. www.milliecapital.com
www.milliecapital.com/advisors - [Cached]Published on: 7/3/2001 Last Visited: 10/22/2006
Samuel Eisenstadt, the company's chairman of research, has been making market projections since 1946. His average historical asset allocation recommendation was that 68% of one's investment portfolio should be in stocks.
Following the Federal Reserve's latest 0.5% reduction in interest rates on October 2, the Value Line market outlook model rose to its most bullish reading since 1989. Its purely mathematical approach is based only on known information, rather than estimates of future earnings and interest rates. It has a record of explaining 52% of market fluctuations, which is statistically significant.
The Value Line model's suggestion for equity allocation as of October 2 is a breathtaking 90%. Said Eisenstadt, "Many people are predicting worse to come.
