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To: NOW who wrote (147793)8/11/2007 10:42:03 PM
From: skinowski  Respond to of 209892
 
TE, remember that as recently as between the late 60's and early 80's the markets took repeatedly a few times haircuts of 50% or so, and then run up, and it wasn't the end of the world. That would be an equivalent of the Dow going down to 7K or so. Sounds inconceivable, but we were there only 5 years ago. Lets just hope that if it happens again, we'll come out again... g/ng


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