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Jerry,
I agree. You have a more complete answer. I think I'll run for the
hills if either inflation starts to reenter the picture or the money flow
to securities stops <G>.
Jim
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> From: Greatelto@xxxxxxx
> To: metastock-list@xxxxxxxxxxxxx
> Subject: Re: Food for thought . . .
> Date: Friday, September 19, 1997 1:36 PM
>
> Jim....
>
> This money only started to come into the market in a big way starting in
the
> 90's. While we are awash in a sea of cash, that is only part of the
answer.
> History shows that equities have really done well only in times of low
or
> declining inflation. Couple this with low interest rates, increased
> productivity and readily available consumer credit....then you approach
> closer to the answer.
>
> Jerry
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