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To: Ibexx who wrote (39269)12/26/2000 3:15:50 AM
From: Chris  Respond to of 42787
 
good to hear from you.. i remember you from long time ago on these boards..



To: Ibexx who wrote (39269)12/26/2000 6:43:20 AM
From: donald sew  Respond to of 42787
 
Ibexx,

>>>> Further elaboration of this theory led to the observation that if a 10% recovery is achieved from the market trough (in the midst of a recession), then it could be safely assumed that the recession would be over in 1 to 5 months <<<<<

Interesting issue. Wasnt there a recession fear in 1998 with the currency crisis, so 1998 would have been a successful test of that rule. However, 10% seems to be on the low side?

Thanks


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