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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: ahhaha who wrote (81139)6/19/2002 1:31:53 AM
From: brightness00  Read Replies (1) of 99280
 
>> The DOW/gold ratio. What does that tell you? What did it tell you across the '90s? It told you that you shouldn't be long during the '90s. The only problem is, long what?

Alan Greenspan considered that a sign of bubble; part of the justification for his "irrational exhuberence" comment in 1996 was based on the observation that DJIA/POG ratio reached and surpassed 1929 level. In other words, in the Fed Chairman's eyes, an investor in DIA should not be better off than a holder of gold . . . a rather depressing prospect for any long term buy and holder of stocks indeed.

>> If you want to challenge my record on ATHM and pull down my ratings, I'll do a special on you.

Is that supposed to be some kind of threat? Is my disclosure of your past pumping activity causing any difficulty to your business? Since you came to this thread with statements of such blustering self-confidence, I think it's only fair to let everyone know your track record so they can better decide whether they should have confidence in you.
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