At 12:36 PM 10/21/1999 -0400, you wrote:
> >The analysis at:
> > http://www.econ.yale.edu/~shiller/peratio.html
> > offers good reasons to suspect that US stocks will
> > do very poorly over the next ten years.
>
>They offer reasons stocks will do very poorly over the next
>10 years but I wouldn't call them very good reasons. Perhaps I'm
>prejudice but I don't think "technical analysis" is any better than
>reading tea leaves in predicting the future.
I'm not sure what you mean by "technical analysis" here. (I presume you don't mean than you dislike analyses which contain numbers.)
Robin Hanson rhanson@gmu.edu http://hanson.gmu.edu
Asst. Prof. Economics, George Mason University
MSN 1D3, Carow Hall, Fairfax VA 22030
703-993-2326 FAX: 703-993-2323