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Strategies & Market Trends : The New Economy and its Winners

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To: Mark Fowler who wrote (2950)	11/12/2000 8:54:48 PM
From: 16yearcycle	Read Replies (2) of 57684

These are great question and what you may need to add to your data base is that we often get a big pe expansion in the face of a mild earnings slowdown. Likewise, what we have just gone through is a severe pe contraction in the face of huge earnings growth year over year. Almost always happens. What will happen now? Who the heck knows, but if history is any gtuide we will turn things around as the economy slows and the fed loosens supply now. This is what we have been waiting for, maybe: geocities.com Larry warned me, but I didn't listen. Now we have done it: geocities.com The chart clearly indicates we rally very soon, with 2850 being the bottom. But everyone seems to think 2850 is the bottom, so it has to be some other number. Not a fun thought.

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