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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Stock Farmer who wrote (4108)	6/5/2001 1:30:22 AM
From: pezz	Read Replies (1) \| Respond to of 74559

<<if one expected a severe decline in equities from the lows one would also be forced to believe that the underlining economic condition would have to decline proportionately>> <One might want to contemplate which is cause and which is effect, and the linkage between them.> The decline in equities would be caused by thebelief that the economic condition would decline. As you know the market has predicted 12 of the last 4 recessions ......or something like that. <<Why would you draw the line at [another] 20% down from 70% down from 300% up?>> Not quite sure I understand your point here. I was arguing that we already had a collapse and how much worse could it get . Another 20%?......Personally I think she's a goin up.