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To: John Chen who wrote (129182)	7/27/2001 1:59:18 AM
From: craig crawford	Respond to of 164684

hey only one question per post! you're overwhelming me <g> i dunno what the deal is with condit. i think the press should calm down and quit making such a big deal out of everything. i think the story is boring and the press should find something else to talk about. >> Do you think USA will become socialist state? << intrusion by our government grows more pervasive all the time. "The government which governs least, governs best." --Thomas Jefferson >> Should we pay for someone else's parents', grand parentss bills. << our government leaves us no choice. >> OT2: When was the official date on our peak of the market? << that depends on your definition of "market". the nasdaq peaked on march 10, 2000. the s&p 500 peaked march 24, 2000. however, the broad market peaked on april 3, 1998. there were more stocks down than up in 1998, 1999 and 2000. >> I want to see how/if we can beat the Japanese record That would be tough one to beat: From 1989 to now ... and still counting. << in 1929 the market reached 77% of GDP. japan in 1989 peaked at 135%. we shot above 150% in 1998. the historical average for the u.s. markets is 48% and yet people think that it's different this time. that we won't suffer a decline nearly as bad as in the past. we will come back very quickly.