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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.33+0.7%Nov 18 4:00 PM EST

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To: foundation who wrote (16633)4/7/2007 9:51:27 PM
From: Maurice Winn  Read Replies (1) of 217860
 
Hi B. While those graphs match nicely, they don't show the 10 and 20 years before then, which is important.

Irrational exuberance was invented way back in 1995. Another 4 years went by of Nasdaq increases to get to the start of the Nasdaq graph, so it's not a good comparison.

Also, there is a vast GDP per capita increase in China compared with the USA over the last 10 and 20 years.

I wouldn't bet on a fall in that index any time soon. I'd like to see the graphs of P:E ratios that go along with those market graphs.

Mqurice
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