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

To: TobagoJack who wrote (34613)	6/1/2003 8:24:48 PM
From: Maurice Winn	Respond to of 74559

Jay, that was Dow 16,000 by February 2002. It's still not too late for the multiyear moving average to go through that point, but time's going on and we are a year behind my timetable, which is not much in a multiyear graph. Looking back on 1987 in the Dow graph, it's a minor blip. Even the great Y2K implosion will look a blip a decade from now, though I suspect there will be leveling out of the graph, somewhat akin to the 1970s when the crude oil quadrupling had a comparable effect on the world; maybe even a larger effect than the Biotelecosmictechdot.com crunch. Mqurice