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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (17775)3/20/1999 4:57:00 PM
From: Victor Lazlo  Read Replies (1) | Respond to of 18691
 
<< That is one of the many reasons I believe we may return to a period like the one we experienced in the 17 years 1966 to 1982. By then we will go through markets in which the Wilshire 5000 will be discounted some 20% to GDP rather than being almost 40% higher than GDP, as it is now. >>

I did not start investing until mid- 1980's, but the condition you cite doesn't sound like a fun scenario, except for those of us not averse to shorting.