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I was also just a little concerned about your numbers....were are you getting your S&P earnings from? I comment in that other blog and showed you my numbers. I just want to know your 2012 earnings estimates because those will be trailing earnings in a bit and I am GUESSING they will be 104 and change. That will give the S&P trailing earnings multiple of 1523/104 =14.64 PE which is far from being overvalued historically.

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