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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: Maurice Winn who wrote (52887)8/31/2004 11:03:41 PM
From: LLCF  Read Replies (1) of 74559
 
<DTTFTY = interesting idea. The last time the Dow stewed in its own juices for so long was the 1970s..
That decade included two phenomenal oil price increases>>

It's different every time... this time you've got a debt load, next time it'll be something else. I don't think that "last time that happened" thing has any statistical significance in any case. The stock market is different every day, it's like flipping coins with differing shapes and weights and trying to gamble based on 50:50 model.

DAK
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