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To: ChrisJP who wrote (59047)6/30/2002 4:15:57 PM
From: Joe Stocks  Respond to of 208838
 
>>At this point, since 1995 the S&P has increased 100% in 7.5 years. That's 10% on average which is the historical norm.<<

I think the norm is closer to 8% if I'm not mistaken. I think that includes inflation and and dividends both which are lower than average at this time. Ex- dividends and inflation I think it is 5% which is close to average earnings growth. I could be wrong. These are the numbers I recall seeing based on the last 100 years.

Joe


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