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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: John Madarasz who wrote (313)8/21/2001 5:13:26 PM
From: Paul Shread  Respond to of 36161
 
I see the possibility of a deflationary cycle here as a real possibility ... but I just think that 40% down and then sideways to correct excess valuation is the more likely corrective scenario.

FWIW, we've been tracing out the 1946 panic for some time. The Big Down would occur in the next few days if it continues.

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