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To: PMG who wrote (44181)12/5/2000 9:05:12 PM
From: pater tenebrarum  Respond to of 436258
 
'82 actually. the time labeling of the chart isn't 100% correct.



To: PMG who wrote (44181)12/5/2000 9:07:53 PM
From: pater tenebrarum  Read Replies (2) | Respond to of 436258
 
another parallel: what brought about the '82 rally was talk by Dr. Doom (a.k.a. Dr. Henry Kaufman, chief economist of Salomon Bros. and THE interest rate guru of his time) about interest rates and their likely direction (down).

today's rally was similarly rate talk inspired...only this time it came from the horse's mouth...