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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Mike Buckley who wrote (35582)11/28/2000 11:08:15 PM
From: Joshua Corbin  Read Replies (1) of 54805
 
If the Naz ends the year where it ended today, the average annual growth in 1999 and 2000 is 11.8%.

If that 12.25% growth rate kicks in now, a linear increase would put us at NAZ 5,000 in 2006 and 6,000 in 2008.

Compared to last year, that's boredom city, right? Keep running the numbers and it gets interesting:

A 30-year old could cash in his IRAs at 65 well above NAZ 150,000 -- or about a 5500% gain on the index. If the biotech blue skys really happens, he could keep the meter running for a decade or two longer; numbers that high boggle my mind.

(At least I think that's right. Precalculus was a long time ago.)
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