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Re: lentinman post# 107965

Sunday, 10/19/2008 2:46:54 PM

Sunday, October 19, 2008 2:46:54 PM

Post# of 174903
Len my understanding of what you said. Is in 10 years I wouldn't be surprised if we are back at the same levels we were last october inflation adjusted. Well to me back at the same levels inflation adjusted would be 18,815 assuming 3% inflation. And if we are at 18,815 10 Years from now the return is roughly 7.8% a year annually from this point. Maybe I misunderstood what you said? Hope this helps clarify my position and where I was coming from.

As I stated, I would not be surprised if we don't see 14,000 on the DOW (inflation adjusted) for a decade or more - perhaps not even in my lifetime. There's your forest

---All above is just my humble opinion.
And I could always be wrong.
And as always do your own DD.---
http://www.investorshub.com/boards/board.asp?board_id=5316

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