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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: John Vosilla who wrote (80044)6/25/2007 11:32:08 AM
From: Mike JohnstonRead Replies (1) | Respond to of 306849
 
The odds are higher for the Dow to go to 50,000 than 5,000.

There is also another way to look at it.
When we take 1999 as a starting point, in real terms, the Dow is at 6500 right now, since the dollar has lost at least 50% of its value in that time.

As far as interest rates, it doesn't matter. Bondholders will be wiped out sooner or later, even if somehow bond yields drop to 3%.


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