A.I.M Users Group Bulletin Board Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : A.I.M Users Group Bulletin Board

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Steve Grabczyk who wrote (9564)	12/15/1999 11:16:00 AM
From: OldAIMGuy	of 18928

Hi Steve, There was lots of talk about inflation in the '70s and Nixon even threatened price freezes on steel and such. However, the interest rates didn't really soar until the late '70s and early '80s. In '74 it was more the anticipation of high inflation based upon the price of crude oil heading for the moon that drove the last stake of holly into the heart of the market around the holidays that year. 1969 to 1971 was tough with a little rally through 1973 then things got UGLY! That V-L P/E of 4.9 is still their record low. My good friend in Cleveland considers 1974 a "Buy of a Lifetime" period. In my opinion 1975 marks the real beginning of this incredible Bull Market. All Hail El Toro!!! Best regards, Tom PS: Newsletter's up at execpc.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next