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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Les H who wrote (57527)	4/27/2002 1:50:47 AM
From: LTK007	Read Replies (3) \| Respond to of 99280

Les i have to admit here i have been avoiding '98 intentionally. I also have to admit i have been "secretly" studying the events of late 20s to early 30s in detail as this , for me, is the only place in the past 100 years i am finding enough similarities to try to calculate our situation. And here is my admittedly most extreme contemplation. And that be that we do not measure our downfall to the 29 downfall until we measure from the aftermath of 10/29 and 9/21.(and all that precedes 9/21 is disregarded) We have thus far been running similarly to the aftermath of the crash of 29 and our September crash. Thus my view is, it is quite possible,we 'ain't seen nuttin'yet. When i match historical Book Values and P/Es and how i believe we will inevitably come to know bear market evaluations, we then will necessarily have to annihilate the 1998 lows. This is a Bear market without Bear market evaluations, the dynamics of historical patterns demand that we get to Bear market evaluations, the Bear will not die until it has been satisfied, imo. Food for thought, anyway.PaxMax