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: Crimson Ghost who wrote (73337)	3/26/2001 9:27:14 PM
From: JRI	Read Replies (2) of 99985

George- If one accepts that we were in a bubble....then, in my mind....the next step is to define..."How big a bubble was it?".....The answer to that is: The biggest in the history of the world. Now, perhaps there is a possibility that this can end quickly, fairly easily, etc....but if history is any guide.....we still have a long way to go..... I am extremely open to any arguments as to WHY it will be any different this time (vs. past bubbles)....just haven't heard a lot of good ones...so, yes, I think it likely will take a lot more redemptions... One last point: Many folks are saying: Look, the major mags all have a bear on the cover...therefore, look for a contrarian rally......maybe the REAL contrarian play here is...that all those articles are assuming this is a normal bear market......when the real Contrarian answer is that this will last longer, and deeper than what these mags currently think....hence, the contrarian indicator STILL works....just not the way everyone thinks....

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next