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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: scotty who wrote (17183)	6/14/1999 12:41:00 AM
From: Step1	Read Replies (1) \| Respond to of 99985

>>Templeton sez 40% drop near term. Anyone have the full text?.... cnnfn.com (In answer to a request for the URL) Only one paragraph some way down after the BancBoston ananlyst: >> Meanwhile, retired market figure Sir John Templeton drew on his extensive investing experience to come to a gloomier conclusion, saying the U.S. stock market reminds him of 1929 and the pre-crash Japanese market. He predicted the Dow would correct 40 percent from its high, losing some 4,500 points in the relatively near term.<< sg