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To: AllansAlias who wrote (12678)9/10/2001 8:16:25 AM
From: Paul Shread  Read Replies (1) | Respond to of 209892
 
>>would almost certainly lead to depression, social unrest, famine, and likely, war<<

Good morning, Allan. <ggg>

FWIW, the only Great Bears in U.S. history that I know of - 1857 and 1929 (do the math - every 72 years) - have coincided with 10% drops in GDP. Seems unimaginable, doesn't it? Although I guess that kind of wealth destruction would be more likely after the kind of bull run we've had. The pattern seems to be a 45% drop, a 50% rally (think 1973-1975), and then the real damage occurs.

Have a nice day. ;-)



To: AllansAlias who wrote (12678)9/10/2001 8:27:02 AM
From: Doppler  Read Replies (2) | Respond to of 209892
 
Prechter says we are in Cycle wave 5 which started in 1974. I was trying to figure out how the action since then could be broken down into subwaves.



To: AllansAlias who wrote (12678)9/10/2001 9:17:54 AM
From: ru2  Respond to of 209892
 
the depths of which are unspeakable and would almost certainly lead to depression, social unrest, famine, and likely, war. Not a pleasant forecast.
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Happy Birthday ALAN!! <G!>

I gotta say, not only are the seats in this part of the Casino more educational, I like the dark realistic out look.

I've got the Beatles birthday song cued up. If we make a clear break of 9400 on the Dow I'll Crank it up. If we gap down below 9400 Ringo will be stopping by your boat in person. <LOL>

Ru