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Politics : Ask Michael Burke
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To: hpeace who wrote (25147)12/17/1997 11:49:00 PM
From: jeffbas  Read Replies (1) of 132070
 
You may very well be right!! Sometimes the highly volatile stock gives the early warning sign. Jabil had an intraday move of 50% in two days, called perfectly by Paul Klemenic, the guru of the ECM thread.

However, I remember 1973-4. Such moves in the primary speculative stocks were fakeouts to be followed by plunges to new lows - until most stocks were down 50-90%. I am inclined to believe this is more like 1990, like you said.
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