|
GZ-- I think I have greatst respect for you and I think htat for some good reason you must have felt things are different, I saw your chart and I think that we need serious caving in of NDX and Comp to get to your level, by the way DOW in 1929 and Comp or SPZ in 1999 are two different animals, then, we were at the begining of a 'industrial revolution' where distance still mattered here we are at verge of a major revolution where distance is dead. It is all about distance, trade, commerce, money flow and global free trade without limitation of neighbourhood is a phenomenon thati s new, we can have a ugly number but that will not do the trick, just a test of 50 days on MA, what will take us to 1929 is a huge slow down in global demand that I don't see.... best of luck and appreciate your thoughts,, in my opinion you are few of the finest stuff..on SI... and I respect your opinions to the core.. |
