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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: TraderC who wrote (7414)	6/2/2004 6:50:37 PM
From: benwood	Read Replies (2) \| Respond to of 116555

Remember when the NASDAQ was in a serious bubble but the DOW was not? It had bad side effects nevertheless. Question, in the 7.7% figure you cited, is that the average percentage increase across American (that is, % increase of each home, added up and divided by # of homes), or is it the percentage increase of the value of all the homes as a congregate. Like when Cicso in '99 went up 100% but 12 small market cap stocks went up 0%; as a group, their average increase was 7.7%, yet the market cap increase 99%.