Ian Huntley's teens bull market article

I found a PDF copy on the Web for Ian Huntley’s December 2011 article where he talks about the start of the teens bull market.


A snippet from the article:
The US S&P 500 is on a 12.3 PE against consensus
2012 earnings, not expensive. The major bottoms
over the last 15/20 years have often been at a PE of
15! In the latest year dividend yield on the S&P 500
is up 12.7%, and the S&P has gone sideways.
According to Standard and Poors, of the 78% of
index stocks that pay dividends 56% lifted them in
the latest year for a 16.7% overall gain for the
dividend payers.