Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (21558)	7/23/2002 5:25:14 PM
From: Maurice Winn	Read Replies (1) of 74559

<Is a crunch a few notches below a collapse?> Stock market states: Irrational Exuberance Exuberance Wishful thinking Hope Ommmmmmm Glitch Crunch Collapse Pandemonium We have had glitch and are now in crunch. Mqurice PS: There is a level below Pandemonium called Chaos, but we civilized westerners* don't enter that realm. It's too ungenteel. The tablecloth gets messy for a start. The tea gets saucered. Completely unacceptable. I don't expect we will leave the realm of 'crunch' [downwards]. However, as the Scouts say, "Be Prepared", so I'm reasonably ready, just in case. * I have never been sure exactly where 'west' and 'east' start and finish, but I consider myself to be very genteel [though some of those whacking golf clubs into the earth at the Golf Club and cursing don't exhibit the correct style of whacking and swearing; the correct style was demonstrated by Eldrick Woods when failing to win the Grand Slam].

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