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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?

To: JZGalt who wrote (5515)	9/1/1998 1:21:00 PM
From: OldAIMGuy	Respond to of 18928

Hi Dave, Rounds of Dramamine for everyone, on me!!! Yes, I agree. I don't mind the Yo Yo action, but I'm always concerned that the string might be frayed!! Best regards, Tom

To: JZGalt who wrote (5515)	9/1/1998 8:32:00 PM
From: steve in socal	Read Replies (1) \| Respond to of 18928

hey dave---i think it's great having your somber "voice of doom" sending chills up and down our collective spines. fortunatly, i couldn't get the damn blade out of my new gillete 3000, so my wrist slitting attempt was somewhat unsucessful. i say somewhat, beacuse i was able to remove some unsightly growths i had developed. i read with great interest an article in today's la la land times. in light of what happened today, it's even more interesting. if in fact today was the beginnig of a rally people are buying into, not selling into then this "bear" was the shortest one ever. what's even more interesting is the trend of the last three "bears" these would be the august '87,the july '90 and this one. time of pullback has decreased from 4 months to three months to 1 1/2 months this time. the s&p decline has been less severe each time as well; from a 33.5% pullback in '87 to a 19.9% pullback in '90 to a 19.3% pullback this time and if form holds true, the number of "years" needed to get back to break even should be upon us before years end as it took '87 a total of 19 months and '90 only 6 months. of course, today could have been a sucker rally and we could still be in the clutches of "old smokey." time will, as always, tell. but it would be interesting to consider the future if these numbers hold true. we'd be looking at a future that included 1 day bear markets. keep up your keen observations. they are well thought out and presented. good luck s.k.