The New CS Board

[ahimsak]

It is not different this time. From Dec 8 1994 to Jan 3 1995, there were only two 3% corrections, one in July, and one in December.

The fed had tightened all year in 94, and then started to loosen considerably.

Of course, china, india, and eastern europe were starting to join the places we could sell our stuff too, and the internet companies were doing spectacular, so it was different.

But, nothing says we have to have a larger correction every 3 months.