Re: [A-List] End of the Business Cycle?

["Annewilliamson" <Annewilliamson@xxxxxxx>]

I understand the thrust of Henry's argument, but could someone please fill
me in on what the following acronyms stand for, so I can better appreciate
the detail?

PK
CEA
ECN

Thanks,

Anne

----- Original Message -----
From: "Henry C.K. Liu" <hliu@xxxxxxxxxxxxxx>
To: <pkt@xxxxxxxxxxxxxxxx>; <gang8@xxxxxxxxxxxxxxx>;
<TheNewForum@xxxxxxxxxxxxxxx>; <a-list@xxxxxxxxxxxxxxxxxxx>
Sent: Tuesday, December 17, 2002 11:57 PM
Subject: [A-List] End of the Business Cycle?


> This was posted by me to PKT on February 11, 2000 when the Dwo was
> heading towards 12000.  A few days after, the equity markets started to
> fall and has since lost $8 trillion in market capitalization, the entire
> face value of M3 money supply in 2000, and 80% of GDP.  E-commerce is
> stuck in the mud.