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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA
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To: J.T. who wrote (1577)11/30/1999 8:49:00 AM
From: marginmike  Read Replies (2) of 19219
 
In the 1920's and 1970's the crash's were caused by Macroeconomic issues. In the 1920's it was tarrif barriers, and lack of securities regulation. In the 1970's it was an oil shock, and the costs of Vietnam catching up with the economy. I agree that there will be a period in my lifetime where something happens again, but when? There has also never been a time where the US had so dominated certain industries like we do today. The closest period would be the post war 50's. Obviously 50-70's was a great stock period.
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