In May 2010 Ian Huntley writes;
I still consider this a major corrective market, the foothills, of a major Teens decade bull market
and he repeats his message in June
I continue to believe we are in the foothills ahead of the teen's decade bull market
He may well prove to be right however it will have to be by a
new set of rules;
What is q?
q is the ratio between the value of companies according to the stock market and their net worth measured at replacement cost....
Why is q Important?
q is one of the two valid methods of measuring the value of the stock market. The other is the cyclically adjusted P/E. As they are both valid measures they both give the same answer, subject to small variations arising from the differences in data sources.
