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

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To: ild who wrote (35905)7/13/2005 1:20:01 PM
From: ild  Read Replies (1) of 110194
 
Date: Wed Jul 13 2005 12:57
trotsky (Wiffo, 10:58) ID#248269:
Copyright © 2002 trotsky/Kitco Inc. All rights reserved
"Things are far too well managed these days for that to ever happen."

exactly the same argument was forwarded in 1929 as well. it has since been reiterated many times in different variations...usually just before the market or economy thus identified as unsinkable went into freefall/annihiliation.
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