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Strategies & Market Trends : ahhaha's ahs

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To: GraceZ who wrote (1502)	3/12/2001 3:09:12 PM
From: Ilaine	Read Replies (3) of 24758

>>Stock prices are based more on the rational expectations for earnings growth minus inflation<< I would though the past few years would have taught you that this isn't true. That's classic Benjamin Graham analysis, but those type of investors are few and far between. >>During the bubble, investment money came from loose monetary policy coupled with irrational expectation<< People keep saying this, but since the money supply keeps growing, why doesn't the market keep going up? economagic.com

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