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Strategies & Market Trends : John Pitera's Market Laboratory
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To: macavity who wrote (6353)6/27/2002 2:59:15 AM
From: John Pitera  Read Replies (1) of 33421
 
Y2K was identical to Japan 89.
Now the two largest economies will spend the next few years suffering from their respective post-bubble economies.

Many have said "This is nothing like Japan", they are right - it will be worse, much worse.

Thanks Mac, just got up to check on $/Yen.... it's hanging around 120 more or less for the moment.

Now that I'm going back to bed I'll certainly have caviar wishes and champagne dreams as I ruminate on the last part of your post.... namely.

it will be worse, much worse

As it says on the fulcrum of the building down there in Langley ......

and the Truth shall set you free.
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