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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: westpacific who wrote (24661)	8/19/2001 12:53:33 AM
From: westpacific	Read Replies (2) \| Respond to of 30051

Still cannot get it out of my head that NAS was 200 in 1982, 500 in 1990 and 1000 in 1995. That in 1954, the DOW was 27% lower than it had been 25 years earlier. That in 1982, the DOW was 22% lower thatn it had been 18 years earlier. That the DOW doubled in 53 years from 1929 to 1982, meaning its average capital gain for more than half a century was less than 2% per year. Man how Wall Street has sold the illusion, those master magicians. I love statistics and economics, never stray to far from fact. West