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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: Nadine Carroll who wrote (76446)11/19/1999 6:57:00 PM
From: pater tenebrarum  Read Replies (2) | Respond to of 86076
 
Nadine, it has in fact happened at the end of the 17th and 18th century as well. the former marked the beginning of a bear market in the Netherlands, the first country boasting a stock exchange, the latter marked a beginning bear market in Britain. at the end of the 19th century it was the U.S.'s turn, and i believe it was actually a global bear.

all these bear markets were of devastating extent...in the 45%+ range.

hb


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