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.
Pastimes : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tommaso who wrote (131668)10/29/2001 4:19:44 PM
From: patron_anejo_por_favor  Read Replies (3) of 436258
 
<<There's never been market madness equal to what we have been through--especially not in terms of the absolute amount of money and numbers of people involved. It has a long way to go before it's completely undone.>>

I agree. OTOH, Fisher's track record has been pretty good the last couple of years. I think he's a bit too dismissive of the bubble, but he does say he "could be wrong" (unlike pundits like Kerschner who always think they're right, but seldom are!)<G/NG>

I don't see "the bottom" coming for quite a while, perhaps late next year or early 2003, provided we don't have a major oil shock or ongoing terrorist nastiness in the meantime. DOW 6500-7000, SPX 800, and COMP 1000 at the very least are necessary. If we get inflation and rising short and long term bond rates before then, those numbers could go much, much lower, and the bottom could be much, much further off.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News