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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Paul Shread who wrote (3948)	3/23/2001 1:41:10 PM
From: Terry Whitman	Read Replies (3) \| Respond to of 52237

> So what effect would a prolonged stock market downturn have? I assume we are in uncharted territory there (but by no means 1930s bad).< You must not have checked this link out- Message 15545312 The Nasdaq is actually falling harder than the '29-'30 Dow did. Not as deep...yet. That said- Most of the gains lost have been paper losses. Temporary millionaires are just back to being middle class again. While it certainly hurts sentiment, the effects may not be all that bad. Lots of folks will have to postpone that early retirement for a few years and add to the real economy, and frivilous spending will be cut back. Certainly many 'investors' have learned some tough lessons about markets and bubbles. Too bad they didn't read "The Road to Retirement City' and learn it beforehand. <g> The smart survive and become stronger in the end. Crap companies disappear, and good companies will keep on plugging along. Life goes on.. What do you think the chances of a bad deflationary period are?