redbacka's - reinin' in the buyin' - wednesday, page-10

PP

That chart looks pretty depressing for buy and hold investors looking for capital growth. Investors would hope that the dividends were growing and consistent over time. However, this outcome far out-shines what martis is predicting.

There is not enough amplitude in the cycles for the market outcome to actually resemble that chart over a 10 year period.

loki