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To: Investor2 who wrote (9352)10/17/1999 3:21:00 PM
From: Justa Werkenstiff  Read Replies (2) | Respond to of 15132
 
I2: Re: "Notice that the market went through a major intermediate term correction last October, while there was no similar correction in 1986/87, prior to the 87 "crash."

Yes, and so people don't misunderstand me I am not calling for a crash because of the correlation. The 1999 chart correlates with some other less drastic years. Moreover, there are some fundamental differences between now and 1987. But I will say that "caution" is the word now because there are some forces coming together which could really pressure the market short term.