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I saw a graph the other day of the S&P 500 vs the graph of the S&P 500 without MS/Intel and other tech's (Ned Davis made the graph -- very good observation). At the peak, the S&P w/o topped out around 1100 even though the average went to 1500 and something... Anyway, is 1100 going to be our Number One Hurdle??? After all, everything else seems to be poised for growth.... I think the US economy is much better than 1100... It's just a pity that we let 9/11 affect our ability to see value.. Otherwise, with interest rates this low, we should be busting out the seams.... I'm buying... ntx
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