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Re: TREND1 post# 478

Monday, 07/08/2002 11:23:30 AM

Monday, July 08, 2002 11:23:30 AM

Post# of 704041
Larry:

If we are returning tho the pre bubble era as I think we are, stocks can and will remain "undervalued" per the Fed model for long periods of time. That said 20% undervalued is a bit much and hard to lose going long at that level.


“The things that will destroy us are: politics without principle; pleasure without conscience; wealth without work; knowledge without character; business without morality; science without humanity; and worship without sacrifice.” Mahatma Gandhi

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