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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Raymond Duray who wrote (20666)	7/1/2002 5:29:49 PM
From: marek_wojna	Read Replies (1) \| Respond to of 74559

<<Similar to 1973, when the water torture of slow days' declines just kept working on the "animal spirits" of the market.>> Ray, I'm very curious how it will look like. There is so many participants now in the market, the speed of the orders, worldwide clientele, long term investing almost dead, baby boomers retiring in record numbers (maybe not), their health care costs reaching the stars, one technology killing another one with the speed of the photons Maurice is so proud of, China as manufacturing monster, I think we will see the precedence of what the capitulation might look like.