Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: MythMan who wrote (74268)	3/1/2001 9:34:58 PM
From: Mike M2	Read Replies (1) of 436258

Mythenumrankte, I happened to be watching CNBS - rare event for me and saw a segment that the Nascrap bubble has burst -duh! Jeremy Grantham was a guest he did a study of 30 past bubbles - financials golds et. al that were 2 standard deviation events and noted that IN ALL CASES WITHOUT EXCEPTION THERE WAS REVERSION TO THE MEAN! ( TL&EV ) he said that means S&P and Nascrap get cut in half!from these levels.ho ho ho . Someone on this thread mention Grantham in OID July, 2000 I'm with Chic Nas 5-700 -g- Since there is so much debt, deception, malinvestment I figure we go below the mean. mike

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