Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Lucretius who wrote (17452)	9/11/2000 10:13:09 PM
From: pater tenebrarum	Read Replies (1) of 436258

that would put the Dow at 800 with oil at $20, and at 2,000 with oil at $50.... to reach Prechter's long term target we'd need oil at $10 then... btw, i liked his description of a bear market that goes to zero...."let's talk a bit about bull and bear markets. Typically, bull and bear markets flow into one another. A bull begets a bear, and vice versa. At rare times in history, each of these may have an exceptional offspring. For a bear market, the exceptional offspring is a decline to worthlessness. Instead of a bull market emerging where it typically would, the bear market accelerates and carries to oblivion. An example might be the financial and social decline that took place in Rome in the 400s. No bull market followed; it was the end of the market itself. " the end of the Roman empire was a bear's wet dream...everything went to zero.... good night...

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