Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Jacob Snyder who wrote (65006)	7/23/2002 7:17:10 PM
From: michael97123	Respond to of 70976

JS, I left the industry in 1973-1974. NYSE volume was down to 6 million shares a day but aside from that the declines were similar. I think this is a combination of the 1987 crash and 73-74 along with the 98 financial panic decline. Its a mini crash or a less protacted decline(i hope). 87 was followed by resumption of the bull. Hopefully this one will too. 73-74 was the early phase of a bear market that lasted to reagan. We know where we went in 98, the last time the dow was 7800 or so. Everything is different, everything is the same. The way the economy goes will ultimately determine how history views this period. mike

To: Jacob Snyder who wrote (65006)	7/23/2002 8:30:35 PM
From: Berk	Respond to of 70976

1974 was very much like this. It seemed that the better the earnings, the more the stock price got pounded and it seemed to be unrelenting. 1987 was over and done with very quickly but we went through a lot of introspection for a considerable number of months to try to understand what was wrong with the system. The comparisons between the market then and the 1929 Crash were rampant.