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Non-Tech : Deflation -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (57)	5/30/2000 1:30:00 AM
From: JF Quinnelly	Read Replies (1) \| Respond to of 621

There's plenty of investors who don't know what a truly nasty market is like. They're simply too young or weren't investing. A slow, grind you to death bear market would be their biggest nightmare, because a lot of folks figure they can make money in a down market as long as the market moves sharply. There's a 'black hole' school of thought that thinks deflations aren't easily reversed. They might be like a force of nature, and they will simply run their course no matter what anyone does to try to derail them.