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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Oeconomicus who wrote (50711)	3/31/2001 3:45:51 PM
From: William H Huebl	Respond to of 94695

The point I was trying to make is that in 1997 our production engine output was increasing at the rate of 7% per year which grew to that point from a low in the early 1990's of a NEGATIVE value... In smoothing the data over 6 months, I find that in 1987 we had a smoothed value of 4% in October but that value was on the INCREASE into October. In our case, we have the same 4% in February 2001, but it was DECREASING into that month. No, I don't believe the causes of the 1987 crash are the same as our current sell-off. But with a 60% retracement of NAZ, the outcomes are the similar... only the 1987 crash was a drop and climb. Our current situation is a gradual erosion eating at everyone's accounts and confidence in the markets. Thanks for clarifying the points I made... you are right about the stagflation... I got it backwards! And here is where I rate the consumer: stockcharts.com[l,a]mbclynmy[pb200!c144!d44,2!h.02,.20!g10][iUl14!La12,26,9!Lp14,3,3!Le12,26,9!Ld20!Ln!Lw25!Lg] Bill