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Strategies & Market Trends : Raptor's Den II

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To: da_cheif™ who wrote (291)	4/19/2003 10:03:55 PM
From: SOROS	Read Replies (3) of 3432

Forget the other ten facts and all the reality of what is going on -- and that's giving a lot. Just answer me this. What are the odds, based on history, that a 17-year bull market is followed by only a 3-year bear that ends with historically high PE ratios? I remain, SOROS p.s. What percentage of stock market participants do you really think bought only in 1987 at the bottom, or 1982 at the bottom, etc.? I'd venture that most bought throughout the 1990's.

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