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To: broken_cookie who wrote (22755)4/16/2000 11:09:00 PM
From: Tom Trader  Read Replies (1) | Respond to of 54805
 
Rich -- the silver lining:

Got this from another thread

Warburg Dillon released the following information today pertaining to Nasdaq bear markets.

Year Decline Mos. to Recover
73-74 59% 48
Oct 87 35% 20
89-90 33% 7
83-84 31% 18
July 98 29% 2

What the above suggests are a couple of things:

Based on the above percentages, the likelihood is that we are not too far from a bottom
since we certainly don't have an economic situation comparable to '73/74

Absent an '87 scenario, the NAZ ought to recover its losses within 18 months at the outside
-- and given that everything nowadays seems to occur at warp speed, perhaps a lot sooner.

However, absent a fairly quick recovery, the ltb&h people will have their mettle tested.

Message 13439061