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To: GST who wrote (129896)8/10/2001 3:29:16 AM
From: schrodingers_cat  Read Replies (1) | Respond to of 164684
 
Another possibility is that the market goes sideways until PEs come down to historic levels... something like the 70s... which occurred after the great bull market of the 60s. I think that stocks have made people too much money over the past 20 years for them to be quickly abandoned.


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