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Recommended New Year day read.
http://www.ess.ucla.edu/faculty/sornette/
Look under Predictions:
then The future of USA stock market
also good papers under Publications: Finance
They specialize in Scientific Predictions of Catastrophes.
Since 50% of populations owns stocks directly or via retirement, its popular
subject to do research on.
His predictions are in agreement with Benner cycle low in 2003
I mention on this forum before
SLAWEK
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