SI
SI
discoversearch

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.
Pastimes : The Naked Truth - Big Kahuna a Myth
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bull RidaH who wrote (83714)1/19/2000 2:58:00 PM
From: pater tenebrarum  Read Replies (2) of 86076
 
David, i saw a Prechter estimation of 13070 points as the likely high for the Dow...and i do believe that there will be some sort of rotation. the usual procedere for late-stage bull markets is a rally in the deep cyclicals, basic materials and small cap stocks. one has to admire the tech bubble's staying power though...any thoughts on the baffling similarity between the '89 Nikkei and the '99 Naz chart patterns? as far as i can tell, the continue to track pretty well. the very first break in the Nikkei was followed by a quick rally back to a token new high...then the fun and games began.

of course, there's the not immaterial difference that in terms of p/e's the NAZ bubble is already about 2 1/2 times bigger than the Nikkei bubble ever got. :)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News