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Pastimes : Ask Mohan about the Market

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To: Dug who wrote (15496)	4/21/1998 9:45:00 PM
From: Zeev Hed	Read Replies (3) of 18056

Dug, I have learned to rely too much on the spell checker, and thus the 85000 was not corrected, I did mean a drop to the 8250 zone on the Dow. Sorry. As for 35,000 in 10 years? If the UN is right and in twenty years the world gross product is indeed 220 trillions (as compared to 20 now), than everything is possible. I think the UN has been smoking something strange, however, and my model does not show more than a broad trading range between 6000 to 12,000 or so, (give or take) over the next 10 years, pretty much a repeat of the 1966 to 1982 period. Of course if we keep a steady growth without inflation for another 6years (as the last six have been), then all these bets are off. Zeev Zeev

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