Fair call craig.
I am looking at it differently , from the longer term.
For me , its a bit like interest rates , 3.5% is low , 9.5% is high and 7%is about normal
For the share market I see 3500 as low , 7500 as high , and 5500 as "normal"
So with that view I see good solid companies like IDL with quite a healthy SP when the market is "normal" again.
And it will be , just like interest rates
what was that!!, page-22
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