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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: SOROS who wrote (97303)7/23/2002 5:07:27 AM
From: Crimson Ghost  Read Replies (3) of 99280
 
But interest rates were MUCH higher in 1974 than they are now. We probably will go lower still over after the next bear bounce (looks to be starting today), but a 10 P/E is not in the cards IMHO.
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