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To: dpl who wrote (68487)	2/16/2001 11:21:50 AM
From: pater tenebrarum	Respond to of 436258

that's right...both margin debt, trading volume, and index levels fell by about 90% in the 30's. the next big victim of the bear will be the mutual fund industry imo...its assets stand now at 43% of GDP, an all time record high. when the bull began in '82, their assets were below 2% of GDP. Japan's bear saw mufu assets decline by 96% in a span of 6 years... all it takes is for people to get disenchanted with the WS hype and decide to save...if they start saving, it's all over.