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To: Perspective who wrote (9359)11/19/2008 11:00:04 AM
From: skinowski  Read Replies (2) | Respond to of 41419
 
1930-2 grind is a reasonable expectation for stock prices.

At the bottom, it was a 86% loss for the DOW - and a 100% loss for a multitude of individual equities. The mid-1960's to early 80's Bear was not much better, if one considers inflation. Those big beasts are brutal - once they get going.

I wonder - what will eventually lead us out? In the 80's it was the solid state computing that caught traction and became the Big New Thing. What will it be this time? Energy? Biotech? New silicon breakthroughs? We'll need a "new" thing which would open new horizons, make itself a necessity... keep millions of people employed and productive.

A big question also, of course, would be - where would that big new movement originate and become reality? - Would it be in the US?