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To: Eclectus who wrote (64937)3/4/2001 2:04:20 PM
From: baystock  Respond to of 116753
 
But financial bubbles, when they burst, often are underestimated in terms of the damage they produce and the time it takes to repair that damage.
latimes.com

The Black Diamond Economy...The current economic environment is no place for beginners. In
fact even those with intermediate skills often find black diamond economic runs a bit frightening. The
current run is straight downhill. Barely a mogul on the course. Very few investors in the current market
have experience with black diamond economic trajectories. In fact for many of the newly initiated, the
last time we experienced a black diamond economic run, they were nursing CD and savings account
hot toddies next to the warm fire in the lodge.
contraryinvestor.com