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To: michael97123 who wrote (24125)	9/6/2001 12:38:19 PM
From: sea_biscuit	Read Replies (1) \| Respond to of 25814

OT: Mike, I think it will be a negative spiral. So there will be up days and down days. But every step forward will be followed by two steps backward. Already there is talk that the stock market has never put in more than two negative years in a row, meaning that the next year will be positive. But that is not true. The period 1929-32 saw FOUR down years, with most of the damage happening in years #2 and #3. And that is the period that this one can be most appropriately compared to.