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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: dennis michael patterson who wrote (41566)12/14/2002 9:32:31 PM
From: Haim R. Branisteanu  Read Replies (1) of 52237
 
DMP, take inflation since 1994 and an average of 3% GDP growth from 1994 and you will see that stocks are around the level of economic growth.

Or in other words if the government GDP and inflation numbers are correct the market is not grossly overvalued, assuming that the earning power is about the same as in 1994

stockcharts.com[w,a]wallynay[pa960]&pref=G

IMHO the down side is limited and January & Shrub holds the keys to the future. If Shrub will act with courage and toss aside the Saudi Clan via regime change in Iraq we will go TO DA MOON failure to act will drift us lower
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