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Strategies & Market Trends : The Stock Market Bubble -- Ignore unavailable to you. Want to Upgrade?

To: Paul Shread who wrote (1333)	8/28/1998 10:53:00 AM
From: Gwolf	Read Replies (2) \| Respond to of 3339

Paul, I think a study of the markets in London and the U.S. in the 1929-1934 time frame is very appropriate. We went into a vicious bear market that finally took the U.K. with it. The U.K. declined only half of what we did and their economy was not hit as hard as ours was, but none the less the economic power of the time was influenced by our depression. If you look at the problems in Asia and Russia and consider all of the derivatives that exist today along with the inner-workings of the global economy, you would have to have rose colored glasses on to think that the U.S. won't be impacted in the same manner that the U.K. was impacted by our depression in the 30's. Gwolf