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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: GrillSgt who wrote (149027)2/5/2002 6:44:07 PM
From: patron_anejo_por_favor  Read Replies (1) of 436258
 
<<Could you define that. I mean, for some it has already ended badly>>

To me, "ending badly" implies a major market dislocation coupled with either a prolonged recession (ie, 2 years or more), hyperinflation (ie, double digits) or some combination of the two. Indeed, it has ended badly for many, particularly most who engaged in leveraged speculation in equities. BUT, the SPX is still only ~35% off its ATH...that's not consistent with the unwinding and aftermath of the largest equity and finance bubbles in the history of man. Targets don't mean much, but until the SPX is below 750 or so, I doubt we're done.

As for BubbleVision going off the air, that would be "ending happily"!
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