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a crash around the corner?

There is one group of pessimists that may not have a change of heart after the world successfully traverses into the year 2000. Before Y2K computer bugs, change of century anti-industrialists and millennium doomsdayers, another group of worry warts has been with us. Stock market bears, those who view record stock market highs as wholly unsustainable, will not take "no" for an answer, and view every new stock market high as a reason for more concern. They all view what has been a record run in stock market gains as being that much closer to its end, and that much closer to the next depression, or worse. The Urban Survival website is one of the many voices of this group, and admittedly, it is also one of the more articulate. From "Inflation Spotting" to "Parallels to 1929," this site contains articles to give even the biggest bull at least a moment's pause. It is said that even a blind squirrel gathers a few nuts, but there is no reason not to be aware of the arguments that may be lurking around the corner of the next record high.

Sat, 25 Dec 1999 18:36:04 -0800