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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: patron_anejo_por_favor who wrote (85880)9/4/2007 7:54:56 PM
From: Mike Johnston  Read Replies (2) of 110194
 
This is the New Era. Next time around, cries for a bailout will surface as soon as market comes down 2 % off the high. -g-

Definitions of market declines in the Old Era:

1-2% noise
5% pullback
10% correction
20% bear market
30% crash

Definitions of market declines in the New Era:

.5% pullback

2 % correction

5% plunge, disaster

10% horrific decline aka crash

20% catastrophic decline

25% end of capitalism

30% end of civilization
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