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Author of "101 Projects"
Join Date: Jan 1995
Location: Rolling Hills Estates, CA
Posts: 27,056
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The Nasdaq during the dot-com boom rose nearly five-fold, and peaked on March 10, 2000, after which it dropped almost 78%!!!
There are probably a lot of people in the market right now (who may have been in diapers back then) who don't remember that time. In that context, 20% doesn't seem very unrealistic.
-Wayne
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