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Non-Tech : Raptor's Den
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To: 1podstock who wrote (1949)7/23/2002 9:13:01 AM
From: JRI  Read Replies (1) of 10157
 
<A few years for Dow 10k> P- let's say the Dow settles at 6,000 (which is likely optimistic). At 20% a year, which would be far above historical average, you still need 3 years to get back to Dow 10k...

From lower level (4000?), and low return rates, it could take 5,7, even 10 years..

Velo's math is correct...given bull markets almost HAVE to start from a condition of undervaluation, 6k (at a minimum) would seem to be (almost) a given..
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