By Elliott Wave International
Should investors rely on traditional ways of evaluating the stock market’s “proper value”? You might be surprised at what these four charts show.
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This article was syndicated by Elliott Wave International and was originally published under the headline Stock Market’s “Proper Value” Is Nonsense — Here’s Why. EWI is the world’s largest market forecasting firm. Its staff of full-time analysts led by Chartered Market Technician Robert Prechter provides 24-hour-a-day market analysis to institutional and private investors around the world.