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Strategies & Market Trends : Waiting for the big Kahuna
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To: William H Huebl who wrote (52555)7/2/2001 10:11:09 AM
From: Real Man  Read Replies (1) of 94695
 
I was talking about NDX, not Nasdaq. It did suffer a decline in 1993-94, from 800 to 350, but it recovered all of it and much more. No, it should not "discount" normal returns. Look at Japan - I don't really know where the bottom of Nikkei will be... And it was significantly less of a bubble there in 1989. In 1932 Dow closed lower than where it was when it started the bubble bull market (at 64, closed at 42???).
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