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To: LLCF who wrote (90756)4/6/2001 12:34:22 AM
From: GraceZ  Read Replies (1) | Respond to of 436258
 
Common Grace... you must know some market history

C'Mon DAK, it's a reasonable question if one is to try to have a discussion about whether the market ever carries a "reasonable" valuation for any length of time. Since you know lots of market history, you must know that the market has historically diverged from the mean during rather lengthy time periods. So what is normal and reasonable?

I don't ask questions because I don't know the answers.

I've pushed my "Rip van Winkle" wake up and buy the S&P date back another 3 years... and moved my sell limits on my gold stocks up another 500%.

I guess you are with the guy here who is stating it'll take CSCO's stock price 16 years to grow back to it's previous high. Where was he in the summer of 1998? Hey, but who knows, it might be another Iomega.