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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (43206)	8/26/1999 12:21:00 PM
From: John Carson	Read Replies (1) \| Respond to of 94695

Heinz, thanks that is quite a site. I am downloading the data right now, DJIA 1980 - 1999. I will have to see whether I can isolate the daily 1/87 - 11/87.

To: pater tenebrarum who wrote (43206)	8/26/1999 8:56:00 PM
From: Trey McAtee	Read Replies (1) \| Respond to of 94695

heinz- they were bent on stopping the speculation, which exacerbated the depression because there was no liquidity. today i think the margin problems are much worse. when things go badly, they could get really bad very quickly. the fed as some leeway in flooding the market with cash as they did last year ( very few realize just how close we came to bank failures). however, if we lose enough... if it becomes a real malaise, spending will stop and the whole thing will take maybe a year to work out. good luck to all, trey