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Post# of 704047
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Zeev Hed

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Zeev Hed

Re: limtex post# 322776

Tuesday, 11/16/2004 8:32:22 AM

Tuesday, November 16, 2004 8:32:22 AM

Post# of 704047
Trading in a broad range for a decade or more until earnings catch up with valuations and a new economical equilibrium is established. The economy grew quite a lot from 1966 to 1982, despite four or so recessions in the period, yet the market went nowhere.

AZH

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