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To: JRI who wrote (1952)7/23/2002 11:08:18 AM
From: velociraptor_  Read Replies (2) | Respond to of 10157
 
20% is excessive too...at the low of a bear market, people will likely despise stocks. They won't be chasing them to try not to miss any gains, so there will be far less money going into them at first. Thus, I would surmise thjat the initial growth rate of the DOW when the bear is over would be less than average, and the average growth rate is about 7-8% historically.