From: jeff@scrooge.csd.sdl.usu.edu (Jeff Salisbury)
Subject: The Great Boom Ahead
Date: Thu, 18 Jun 1998 12:18:37 -0600
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Persfin'ers, In the spirit of my last message about sharing large or graphic files with the group, I have a chart I want to share... I've recently read a couple of books "The Great Boom Ahead", and "The Roaring 2000's" by Harry S. Dent. Dent uses a simple and overlooked correlation between the age & size of the population and its relation to the value of the stock market. The graphs in his book show a REMARKABLE relationship between the peak spending years of our population, and the stock market. The book, written in 1993 when the Dow Industrials stood at 2800, predicted a solid boom in the US stock market. And indeed it has happened, our current Dow has been as high as 9000 -- unthinkable in 1993. I think Mr. Dent makes a strong case to be optimistic over the next decade. This is a good thing to keep in mind during the stock market volatility we've seen over the past days/weeks. A chart of some of Mr. Dent's work can be seen at: ftp://ftp.xmission.com/pub/users/m/mcjathan/canslim/GreatBoom2.gif Take a look at the chart and toss out your questions and thoughts to the group. Best Regards, Jeff Salisbury - -
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