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Strategies & Market Trends : Currencies and the Global Capital Markets -- Ignore unavailable to you. Want to Upgrade?

To: Hector who wrote (115)	5/15/1998 9:07:00 AM
From: Chip McVickar	Respond to of 3536

Hello David The correlations between 1929 and any other year...now 1998 make interesting reading. If you have not discovered them....2 threads.....carry a lot of work and posts looking into the similarities.....the big kahuna. The millenium crash also has some of the best work with bobby beara, Arik, Tommaso and ThomasC....graphs and other calculations are in past and current posts. There are certainly many reasons for being cautious.... Here is my responce to Arik.....#reply-4455629 his statement I responded too and the reply to this comment is also of interest. Although I am not a market historian...I can say that the conditions of 1929 do not exist today. Tommaso on either of those 2 threads knows a great deal about this subject and has pointed out a number of similarities. The arguments for and against "the bubble theories" will continue. I do not think a repeat of '29 is inevitable and a consiquence of prosperity. However...the cyclical nature of markets is worth watching carefully. Chip