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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Gary Burton who wrote (55236)11/22/1999 6:12:00 PM
From: Fun-da-Mental#1  Read Replies (1) of 95453
 
I agree. The major market indeces have tripled over the last 5 years. Almost every time that's happened before there's been a crash or severe bear market.

Examples:

NYSE 1929, 1937, and 1987

HANG SENG 1997

Counterexamples:

NIKKEI tripled between 1982 and 1987, then continued to increase another 50% up to 1989. We all know what happened after that.

Fun-da-Mental
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