Formerly About Applied Materials 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.

Politics : Formerly About Applied Materials

AMAT 301.88

-1.0%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Paul V. who wrote (53346)	9/28/2001 12:47:46 AM
From: Sun Tzu	Read Replies (1) of 70976

We have already seen a crash in NDX similar to the Great Crash. It's just that we're not in the soup lines like those days, so it hasn't made as big of a story. On the plus side, if we have not seen the bottom already, it cannot be more than 10~20% away. Nor should it take 10 years to go nowhere. Within 5 years of the Great Crash, the stock market went up nearly 5-fold (still only half of the peak). Given the stronger economic conditions (and barring any number of possible international disasters), we should do much better than our great grandfathers did. Two things to remember...(1) Both the K-Wave type theories and Harry Dent's demographic analysis have some very plausible points. So far they have both been accurate within a margin. And (2) the human nature and flow of events is just too unpredictable. That said, I can use the demographics to write some fascinating (and plausible) stories. The stock market would be the least of such worries in my book. ST

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next