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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Paul Shread who wrote (131219)10/25/2001 10:16:20 PM
From: Les H  Read Replies (1) of 436258
 
Here's the latest article from Asness.

aqrcapital.com

Considering that the Nikkei (or the Japanese equivalent of the Dow) has had 2 or 3 twenty percent or greater rallies each year post-bubble since 1990, the roller coaster could be in effect for as long here. With the Nasdaq beta several times the Dow, it seems more bubbly.
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