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

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To: Skeeter Bug who wrote (97678)4/24/2001 5:55:04 PM
From: pater tenebrarum  Read Replies (2) of 436258
 
that's the big mistake they're all making...they look at the bubble peak as some sort of yardstick for evaluating the here and now.
if anything, it was the point where the biggest episode of financial mass hysteria in mankind's history culminated...to me the final blow-off in the NAZ is as if it never existed...it never meant anything, except for being a monument to utter madness.

the way the dude denounces the bears sounds like he has a grudge...he probably bought the multitude of bottoms that was announced over the past year.
i much prefer Earlie's analysis, and he sees no light at the end of the funnymental tunnel yet.

i'm not surprised...it will take a long time before the issues of overcapacities and overindebtedness are resolved.
anyway, it's funny how one bull after the other parades the alleged 'pessimism' that's out there as a reason to be optimistic...by definition, once the pessimism really gets pervasive, only very few people will optimistically point this fact out, not one after the other.
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