OT
Jeff --
Re How long have you each been predicting that the high tech sector, or the market for that matter, will crash? It's been going strong for several years now. Did you predict that it would, or did you think we would be in a depression by now?
First, I never said that the market would crash. I merely defended Chinton's right to post here. He said the market is extremely overvalued -- hardly a unique observation -- and was met with flames and ad hominems instead of rational debate.
Second, I have 70%+ of my net worth invested in high tech stocks, most of which I have held for several years. I am very grateful for my investment results over this bull market. But I am not blind to see that we are in a market mania that is totally unsustainable. It is an objective fact that the market has long since passed all time record valuations. The internet, wireless, digital, optics, technology etc. do not change the laws of economics.
Re: Just wondering what each of your scores are for predicting economic trends.
Judging by my investment results, my "score" is probably A to A+. Maybe I am mistaken, but I suspect that you will be disappointed to hear that.
JR |
