Despite occasional dead-cat-bounce, market closer to my target

My most recent target of 2250-ish on the S&P 500 was considered ludicrous a week ago; now it seems more and more likely at the market continues to dive. $150 S&P earnings (i.e. down 10% for the year) X a P/E of 15. This too may prove optimistic. More at maverickinvestors.com