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With the possible exception of interest rates, which do return to near nil on
long term cyclical basis, it's difficutl to imagine an equity or commodity
market which does not have an upward bias?
Earl
-----Original Message-----
From: Timothy Morge <tmorge@xxxxxxxxxxxxxxx>
To: greene@xxxxxxxxxxxxxxx <greene@xxxxxxxxxxxxxxx>
Cc: The Code <veeger2001@xxxxxxxxxxx>; omega-list@xxxxxxxxxx
<omega-list@xxxxxxxxxx>
Date: Tuesday, March 17, 1998 3:09 PM
Subject: Re: Building a Model
>Unless you mean in the context of the current uptrend in the stock
>market and bond market as a long-term event, I would disagree with
>this statement. Markets do not tend to go up more than down...
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