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Strategies & Market Trends : P&S and STO Death Blow's
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To: exp who wrote (4950)8/8/2002 5:55:54 PM
From: Mike M  Read Replies (2) of 30712
 
I wouldn't take too much glee from this. If you are correct and we were to experience "years and years" of this, then that will be anything but good news. Pretty soon the individual would extricate himself from the market and you would be left with a dying mutual fund and institutional market and some haggard traders with their hands in each other's pockets.

I think Jeff has a better handle. We will see what next year brings. The worst may still be ahead of us in the market place, and almost undoubtedly in the economy, but I believe that the market, much like in the '30s, will recover sooner.
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