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.
Strategies & Market Trends : Booms, Busts, and Recoveries

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Cogito Ergo Sum who wrote (2843)4/5/2001 11:47:27 PM
From: Golf Pro6  Read Replies (1) of 74559
 
KastelCo, just came across this thread and must say I am very interested in the discussion - my charts have been indicating for a long time now that there could be a major problem with the broader markets. The Dow and S+P both reflect undeniable parabola formations when you call up the 30 year "All Data" charts on Bigcharts.com, meaning there are only two possible directions from here: greatly up or greatly down. Given that scenario, I would have to bet 10:1 on a major downturn, especially given the fact that important corridor levels have been broken. On the other hand, I am not totally sure how valid linear charts are over such a long time period, as compared to logarithmic charts. Does anybody here have any information on this subject, or know a good site for logarithmic charts? BTW KastelCo, you made some very good points in your post, I personally don't think that all the ramifications of ludicrous vendor financing have yet to hit the fan. I personally know of at least one scenario where a company was being loaned money on a 3:1 basis ie. for every dollar they bought, they were loaned 3! I also identify with your comment on the real estate boom here in Toronto (I'm a fellow Torontonian), I remember well those days and the insane valuations. My parents bought a house in the late 70s and the price increased over 600% by the late 80s - talk about a great short!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext