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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (9757)9/29/2006 12:15:11 AM
From: Maurice Winn  Read Replies (1) | Respond to of 217638
 
<DOW is down 40-60 % when measured by purchasing power>

Compared with buying gold maybe, but not compared with buying cyberspace. But overall, well down. Which is why you can be sure that although Dow 16,000 wasn't Feb 2002, but won't be too far away now. Financial relativity theory is like gravity, not going anywhere. It just is.

The rise to 16,000 will happen. Since there has been a long flat spell, 6 years long, the rise, when it comes [a good chunk of it has already happened] will be all the steeper for the return to the mean.

That is, unless your theory of the end of everything comes true and financial reset following collapse into a black hole singularity is what transpires instead of the continuing inflationary universe, which has been running for several billion years [not that "years" means anything when going back in time far enough and closer and closer to the previous singularity]. Something measured by using itself to measure it doesn't make sense. We need an externality to do it.

Mqurice



To: TobagoJack who wrote (9757)9/29/2006 12:46:36 AM
From: elmatador  Read Replies (1) | Respond to of 217638
 
wilderness? images.google.com