Longer-Term Market Trends Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Longer-Term Market Trends

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Perspective who wrote (2168)	5/8/2009 9:54:50 PM
From: skinowski	1 Recommendation of 3209

In 1999 one could IPO dogshit, and it would fly - provided it had a web site. The euphoria was at a level which today is hard to imagine. Personally, I think it makes sense that the super bubbly great top broke in 2000. As a result, our infinitely wise (ass) leaders went berserk fighting "deflation" -- which, in turn, provided the needed ingredients for the credit bubble. 2000-02 Bear was very substantial. OTC was devastated, and even SPX lost about 50% As I look at the monthly chart of SPX I cannot help thinking that the two great tops are part of the same structure. A great economy like the one we have would necessarily take a long time as it enters a period of volatility and rolls over into a secular bear stage.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next