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Strategies & Market Trends : Asia Forum

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To: Goldbug Guru who wrote (5013)	7/2/1998 8:41:00 PM
From: Stitch	Read Replies (1) of 9980

Goldburg Guru, You recite a theme in your post that is more often being repeated on these threads as time goes on. I keep a copy of Galbraith's little pamphlet concerning market mania on my bedside bookcase and still pick it up occasionally to reread one of his cases. From tulips to Soth Sea ventures there is much in common with today's market I fear. The bear argument is a strong one, punctuated with a never ending stream of facts, while oft harkening back to previous market manias and their infamous outcomes. I fell to the bear around 14 months ago and have maintained a large cash position since then. All my reasons were and are rational. How foolish that seems now. Best, Stitch

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