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To: John Madarasz who wrote (10230)8/17/2001 7:17:39 AM
From: Paul Shread  Read Replies (1) | Respond to of 209892
 
John,

Great chart. There's also a rising wedge on the BKX off the 1998 lows. A lot of cycles - Kondratieff, Kitchin, Carolan and others - point to a potential big decline for both the economy and the broad market beginning late this year. I personally don't see how the rest of the economy can hold up given the damage that's been done, BWDIK.

Paul