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To: marginmike who wrote (207265)11/29/2002 12:20:01 PM
From: Mike M2  Read Replies (1) | Respond to of 436258
 
MM, but in 74 there was VALUE - it's an obsolete concept to todays investors -g-



To: marginmike who wrote (207265)11/30/2002 12:17:49 AM
From: lifeisgood  Read Replies (1) | Respond to of 436258
 
the 70's were a terrible period in the US econmy but didnt stop huge rally off bottom in 74-75

Ah, but the rally off of the "bottom" then didn't start from a PE of 45 on the S & P. Big difference, very big indeed.

best...

LIG