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Non-Tech : The Woodshed
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To: Michael Watkins who wrote (7649)5/21/2004 3:03:57 PM
From: NOW  Read Replies (3) of 60903
 
"Albert Edwards of DrKW: Crash warning -
Could we be mere days from an equity meltdown? A comparison of the S&P over the last few months with the run-up to 19 October 1987 is uncanny. Key indices could be on the verge of subsiding below their 200 day moving averages. The costs of taking out short-term put insurance are minimal compared to the potential risks."
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