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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?

To: Jeff who wrote (3420)	7/12/2002 1:23:05 PM
From: Boca_PETE	Respond to of 30712

Jeff: RE: ("remember the dow in 1929-32 just didn't retrace its bubble....it went back and wiped out nearly 30 years") While this statement is accurate, the linked graph you provided suggests to me that the overwhelming percentage loss wiped out were generated post 1921. Why is it that I keep hearing those depression era songs that go "Once I built a railroad...." and "NO-body KNOWS you, when you're down and out...." in my mind these days when I think about the economic implications of the retrace scenario <bgr>. After all, with all the wealth wiped out at the end of the scenario, who will have money to buy anything except those who follow this thread and daBoyz? Anyone wanna buy a pencil for 5 cents? P