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Non-Tech : Raptor's Den

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To: mishedlo who wrote (4014)	10/1/2002 7:55:43 PM
From: Lizzie Tudor	Read Replies (1) of 10157

Recovery IS impossible. Did LTCM ever make a new high? Did ENE ever make a new high? Did tulips ever make a new high after the plunge. I'm saying yes, recovery from a mania can happen and has. I gave 2 examples- california real estate in the 80s (NY real estate also I believe) and the 80s art market. I'm not saying every tulip recovers to his old highs, for example I doubt too many think yahoo will ever see his highs again. But you are implying recovery NEVER happens... that just isn't true. L

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