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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (14755)3/7/1998 6:16:00 PM
From: paulmcg0  Read Replies (1) of 94695
 
[My charts... show a downturn, but how great remains to be seen.]

Since a lot of people on this thread, myself included, foresee an upcoming market correction, maybe those here can discuss what they expect, such as:

* How big a plunge? Are we talking 10%? 20%? 50%?

* What kind of plunge? The famed "Big Kahuna" that happens all at once, or a term I created, "Slow Motion Apocalypse" (SMA), where the decline occurs over an extended period of time, such as the Dow dropping say 50 to 100 points a day over time.

* What kind of wider, macroeconomic effects will the plunge have?

Paul McGinnis
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