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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: Ilaine who wrote (3815)5/21/2001 9:48:02 AM
From: LLCF  Read Replies (1) of 74559
 
<So stock prices got ahead of themselves. So companies built excess capacity. So companies produced excess inventory. These things need to be worked out. That's part of the business cycle. That's why they call it a cycle. . >

Yep, and many here think this one will be of a particularily 'nasty' variety known as a depression.

DAK
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