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To: fedhead who wrote (5035)1/23/2001 8:31:01 PM
From: 16yearcycle  Respond to of 57684
 
Absolutely true. If you look at a 5-10 year chart of the nasdaq and create a "channel" of yearly price ranges, this years range should perhaps be between 3750 and 2750, with about a 10% margin of error.That gives us a lot of upside, but it will be years before the high prices seen in early 2000 are within a reasonable range. We got about 3-4 years ahead of ourselves.


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