Stockman Scott's Political Debate Porch Message Board

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Politics : Stockman Scott's Political Debate Porch

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To: TigerPaw who wrote (37680)	2/11/2004 11:20:43 AM
From: lurqer	Read Replies (1) of 89467

the stock market which is rising only because it represents fairly constant assets while ,again, the measuring stick, the dollar, is falling. This same phenomena occurred during the secular bear following the mania Go-Go peak in '66. An inflation adjusted picture of the market for that period exhibits the classic pattern of a secular bear. While the Dow kept hovering near 1000 in the period '66 to '82, the inflation adjusted picture is given by dogsofthedow.com Rarely will one see a chart of the Dow (or any other market index) on CNBC expressed in Euros. lurqer

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