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To: Voltaire who wrote (215)9/28/1999 10:26:00 PM
From: Bridge Player  Read Replies (1) | Respond to of 35685
 
<< Is it your opinion we are in for an huge imminent downturn?>>

No. I do not think the chances of that occurring are more than about 1 in 6 or 8. I believe that negative changes in fundamentals such as inflation, interest rates, or the dollar would have to happen to make such an event probable.

I simply felt it was an interesting comparison between conditions in 1929 and today. There are other obvious ones that I am sure everyone is aware of.

BP