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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Johnny Canuck who wrote (37875)	7/30/2002 6:20:41 PM
From: drsvelte	Read Replies (1) \| Respond to of 68127

Hi Harry.... I think the Wilshire Index is often taken as a measure of total US market cap. fool.com

To: Johnny Canuck who wrote (37875)	7/30/2002 6:55:10 PM
From: j g cordes	Respond to of 68127

Harry.. re "The real question is how much tangible, real value has the economy created since 1987?" Perhaps, but the market in my opinion is all about future value divided by current valuation, instead of tangible value. I'd think that if one added up the total increase in value of all real estate, it would more than equal the value lost in equities. I do agree the question of what's credible is being worked out. I heard on the way in the door that a trillion in debt has been created in the telco sector.. even with good growth that's a large overhead to struggle with.