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Strategies & Market Trends : The Millennium Crash
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To: set who wrote (3535)9/24/1998 2:40:00 AM
From: Moominoid  Read Replies (1) of 5676
 
The charts are looking very much like 29 and 87 but the decline has been more drawn out. There was a sharp reversal in 29 from 320 back to about 350 before the big crash. ie a 16% decline from the peak followed by a 9% rally. This took 1 1/2 months to complete. We've taken just over 2 months.

In 87 the initial decline was only 7-8% followed by a 5% or so rally.

But of course I am probably just deluding myself....
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