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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Les H who wrote (34691)6/22/2005 11:33:03 AM
From: carranza2  Read Replies (1) of 110194
 
If you used his logic, there was no stock market bubble in 2000 since the Dow fell 20% at the same time the Nasdaq was approaching 5500.

I don't know. It seems that what you mention actually supports his argument.

I only posted it because it is provocative. I am not sure I agree with his analysis as it does not take into account the psychological aspects of a bubble, which are just as important as the purely economic ones on which he concentrates.

I'd like to know what he thinks about the real estate market in San Diego, where he presumably lives. vbg.
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