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Strategies & Market Trends : Drillbits & Bottlerockets -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (4430)	2/23/2001 4:11:45 PM
From: Original Mad Dog	Read Replies (2) \| Respond to of 15481

I am clearly getting too old to grub anymore! I missed by two with the fastest reflexes I could muster....

To: Jorj X Mckie who wrote (4430)	2/23/2001 6:59:04 PM
From: Diana	Read Replies (1) \| Respond to of 15481

Very roughly, it looks like it took the Nikkei took 26 months to do what the Nasdaq did in 10. Maybe we will only be stagnant for 4 years . . . .

To: Jorj X Mckie who wrote (4430)	2/23/2001 8:24:07 PM
From: John Pitera	Respond to of 15481

The Nikkei topped out the very last trading day of 1989 and declining about 63% into August of 1992 which is about 32 months. here's a nice chart. lowrisk.com A possibility of market behavior is that we are working our way through price patterns and cycles more rapidly than in the past due to the increasing velocity in information, volume, and mass psychology. If we're setting up for the type of rally we had in Japan starting in Aug of 1992, then it's possible we see new lows sometime next year in the NASD and also in the SPX and DJIA. but these patterns do not need to be exactly alike. John Roque feels that this current market set up is more like the market from 1916 to 1919. John