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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (9723)	2/15/2000 2:03:00 PM
From: KyrosL	Read Replies (1) \| Respond to of 42523

Check out UK guilds. It seems that buybacks did affect them.

To: pater tenebrarum who wrote (9723)	2/15/2000 2:22:00 PM
From: CYC	Read Replies (1) \| Respond to of 42523

HB or any historian out there: What were the trajectories of the market like in 1973-1974? I knew there was a dip in 1973, then market rallied strongly late in 1973, then tanked again in 1974. Does anyone knows the extents and timing of the bear market sequence then? Message 12865379 In the above link, Thomas M. posted a link to an article by Marc Faber of November 1999 on MB's thread yesterday. In the article, Marc asserted that phase one of the bear market had been firmly in place, and argued that we would see phase two of the bear underway when the big caps like GE and MSFT pulled back and failed to rally. It does seem that way now. He also made a good point that the first bout of bad news never pulled down a mania in the history of manias. Witness the disappointing news of several big techs in recent months. An unexpected event would come out of the blue to be labeled as the catalyst for the final collapse. Yeah, I know, I am a dreamer. -g-