MDA - Market Direction Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.03

+1.0%

Nov 21 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: pater tenebrarum who wrote (35740)	12/22/1999 11:46:00 AM
From: Crimson Ghost	Read Replies (2) of 99985

Heinz: The only thing I can recall even remotely similar to this internet mania was the gambling stock bubble of the late 1970s. When gambling was legalized in Atlantic City, many investors saw this as the beginning of a national trend and gambling stocks went absolutely NUTS. The stocks of some major casino operators when up 1000% or more in a year. At the peak of the frenzy if a company announced it was CONSIDERING opening a casino in Atlantic City, the stock would often double or triple overnight. SOUND FAMILIAR Of course the gambling stocks bubble was tiny compared to the internet craze. I doubt if all the gambling stocks combined had a market value of even $25 billion at the peak.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next