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Just for fun, about 16 months ago, on August 20, 2001 (before 9/11) I clipped a full page add from Barrons by USB/PaineWebber. The ad stated, in bold print:"We believe the fair value of the S&P500 at the end of 2002 should be 50% above the index's level today." The fine print then states that the S&P should be at 1835 at year end 2002.

This is why I index and asset allocate.

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