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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: Earlie who wrote (76246)11/19/1999 10:25:00 AM
From: Imuah  Read Replies (1) of 86076
 
Earlie, I caught the PBS special on New York last night. It was the episode where they described the crash of '29. One thing that I learned was that the economy had begun turning down months before the peak of the frenzy, as evidenced by an increase in unemployment and a falling off of new car sales. Not the case at present. As long as the good times roll, the frenzy is safe??

I have been following the SOX index lately. It is at the top of its recent trading range, ~660.

Breakout or downturn? (Regis, "Is that your final answer?")
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