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Strategies & Market Trends : P&S and STO Death Blow's
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To: Lone Ranger who wrote (3223)7/9/2002 3:55:16 PM
From: t2  Read Replies (2) of 30712
 
do you think its gonna continue slow bleed-slow bleed, for the indexes? I was expecting a huge blow out one of these days, for a few days, but it seems like the water torture is agonizingly effective these days to keep investor hope up and to contain the selling.

I was thinking the same but what happened back in the early 1930s, after the crash of 1929?

It seems there was a bleed AFTER the crash. So if one looks at 2000 as the crash (or start of bear market)-----the first huge decline after hitting 5000, does it mean that a crash is not possible...just like it did not happen in 1930s. Basically a slow bleed until it stops going down.

I don't recall seeing Jeff post some chart that suggested a sudden drop to end the bear of the 1930s...(i could be mistaken though)

Thanks.
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