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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: Lucretius who wrote (66761)10/6/1999 12:27:00 AM
From: Dwight E. Karlsen  Read Replies (1) of 86076
 
whatever, Luc.

If you are expecting a 1930s style Great Depression, then no, I don't get it.

OTOH, I realize that the market can "correct" at any time.

Late 1997 had some nasty days. 1998 did also, as I remember.

You places your bets, you take your chances.

But lets just say that tomorrow (or in 3 days, next week, whatever) the major indexes crater down another 15-17%. Even 20% down in DJIA, SPX, Nasdaq. From today's close.

Virtually all U.S. business would carry on the same as they carried out business last week.

Now THAT THOUGHT must be depressing to you perma bears.
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