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Post# of 704041
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Justa Werkenstiff

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Justa Werkenstiff

Re: Zeev Hed post# 181457

Sunday, 12/14/2003 5:10:28 PM

Sunday, December 14, 2003 5:10:28 PM

Post# of 704041
Z: "Of course, if we start and get equity P/C ratio under .4 (and other extremes), that will be an extreme which will force, once more a much more conservative posture."

In other words, 1955 might be important anymore because the conditions will have changed. Glad I focus on conditions as opposed to numerical levels.
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