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Strategies & Market Trends : Strictly: Drilling II
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To: John Madarasz who wrote (264)8/21/2001 4:03:28 PM
From: Paul Shread  Read Replies (3) of 36161
 
A market historian I know views the Long Wave cycle as being 72 years. His research shows only two "Great Crashes" of 75% or more in U.S. history, in 1857 and 1929. Do the math.

I don't see this bear as being in that league, but certainly the evidence is there that there's something different about this economy and market than your standard bear.
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