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Re: [RT] Long Term Look at DJIA



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And earnings just continue to creep along at a pretty constant 6.1% 
per year long term (see chart) so that if prices go up faster than 
that, as they have for the past 20 years, then it has to show up in 
the PE ratio.

And most people would think that the PE ratio has to revert to the 
mean someday...

Bob Fulks
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