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If you use 9.5% from the 1932 crash lows, you would get the dow now at
16460. If you use the 12% inBob's piece, then it is 73,029. If you use
8%, then you get 6623.
S. McGuire wrote:
>
> Great chart. One more thought. I believe the long term growth rate for the DJIA
> prior to 1982 was 9.5%. Where would that line be?
>
> Bob Fulks wrote:
>
> > Attached is a long term chart of the DJIA.
> >
> > It indicates that the DJIA has been rising at a 12% per year rate long-term
> > and the times when it starts rising faster, it always has dropped back down
> > to that line at some point.
> >
> > Food for thought.
> >
> > Bob Fulks
> >
> > Name: DJIA.gif
> > DJIA.gif Type: GIF Image (image/gif)
> > Encoding: base64
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