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


To: Maurice Winn who wrote (17053)3/20/2002 7:19:52 AM
From: orkrious  Read Replies (1) | Respond to of 74559
 
In 1900, life expectancy wasn't all that great. Same for 1929.

Why should the fact that life expectancy is growing mean that stock market valuations shouldn't revert to the mean. One has nothing to do with the other.