Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Les H who wrote (61843)	5/5/2002 11:16:07 AM
From: ajtj99	Read Replies (1) of 99280

Les, that's why I like to use the term "Fair Crash Value", which I believe reflects the value of the last crash plus a historical annual return going forward. I believe this can be used to project a virtual floor for the next crash low, IMO. If you subtract dividends, which are mostly absent from the Nasdaq, I believe you could even make a case for a rate of return of 8% on the COMP, which I believe would get us to around 880. However, since the COMP has had historically higher growth, I believe the 10% number is a decent.

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