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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Baldur Fjvlnisson who wrote (12593)	1/3/2002 11:48:36 AM
From: carranza2	Read Replies (1) \| Respond to of 74559

Baldur, you might get vilified, but I think you've made good points which I appreciate. Perhaps a more civil tone might get your ideas across with a little less rancor. You are absolutely correct. The Fed is and has opened up the liquidity spigots in a big way. Obvious as the nose on your face. So far, it isn't working. The stock market might be overpriced if it's total value is 130% of GDP. By the way, this is one of Buffett's favorite metrics. Can argue too much with The Sage. However, you did not link supporting data for the suggestion that the stock market is above it's historical ratios with respect to GDP. Can you do so? Much appreciated.