Stockman Scott's Political Debate Porch Message Board

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Politics : Stockman Scott's Political Debate Porch

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To: Lizzie Tudor who wrote (25006)	8/10/2003 4:01:00 PM
From: lurqer	Read Replies (3) of 89467

but I don't buy the secular bear market theory And that's what I don't understand. I'm not trying to "pick a fight", I really don't understand. If this were just another tech bust - sure. But it so obviously isn't. I could get out the charts and show you the massive overvaluation that not only accompanied the peak, but still exists, but I'm sure you've seen them. Moreover, I'm sure you already know that in the past when a huge valuation bubble has occurred, it invariable was followed by a many year secular bear. So, if the Jazz Age bubble of the boomers grandparents, and the Go-Go bubble of the boomers parents was followed by a secular bear, why are the boomers exempt? Just trying to get your perspective. lurqer

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