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Strategies & Market Trends : Coming Financial Collapse Moderated -- Ignore unavailable to you. Want to Upgrade?

To: EL KABONG!!! who wrote (595)	8/31/2001 10:57:48 PM
From: AugustWest	Read Replies (1) \| Respond to of 974

You know, speaking of Japan, I'm dumb, so I mostly just look at charts they seem B&W to me(but have my share of weird voodoo indicators). So I sit here and wonder, is all this gllom and doom an indicator of a bottom(I see talking heads on CNBS all day saying LTB&H is the only way to make it in the long haul- but that's an 18 month old story). I look at the NIKKEI finance.yahoo.com^N225&d=c&k=c1&a=v&p=s&t=my&l=on&z=l&q=l Then I look at the DOW finance.yahoo.com^DJI&d=c&k=c1&a=v&p=s&t=5y&l=on&z=l&q=l Then I do a quick comparison of the two finance.yahoo.com Dow has held up well compared, albeit, but we're also tracking a little behind the Nikkei. So if Japan is dropped some 70% and we're looking at a potential global "recession" to be kind. why can't the dow give up 50%, easily in the next year or so? It's frustrating for me because I'm better with verbal discussions, but only people I have to bounce ideas off of that was are my brothers and father who swear bt the LTBH(though my dad being in his senior years has cashed a lot of chips in and is in safe money(bontds etc) but the same stuff still comes back to me. It can't happen. I ask why, but their answers are not convincing enough for me. WHY? especially since the Americn consumer; who is now saving more this last report, has been holding our econo aflot appears to be in a growing concern about investing. What happens if this "inventory correction" is turns out to be more than just that? Unemployment is aat a 9 year high(?) what happens if tht worsens? IMO, we haven't come full circle yet. Kerry, I remember posting to you on the tulipmania thread a soild year or more ago that I questioned if this could be likened or worse than the 73-74 bear(forget the NAZ drop, that was a gimme). You agreed with me. And now I look at Japan, look at thaat chart. Long drawn out winding down. What is from preventing the Dow to come close to the same thing? Even halve if to say 8 years. That's a hell of a frigging bear. The kind that tkes his time to dine, so to speak. Sorry for the ramble, been into the vino just a bit and searching for answers with questions I don't think I will find the answers to for quite some time. Methinks it's time for me to call it an evening, week, month. Take care.