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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: pater tenebrarum who wrote (4137)6/1/2001 11:51:18 PM
From: Crimson Ghost  Read Replies (1) of 74559
 
Heinz:

Th easiest way for people to get over the notion that a new bull has begun is to look at the ratio of stock market valuation to GDP. I do have the precise numbers in front of me, but even at the trough --this still was higher than at any previous TOP before the mania began.
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