SI
SI
discoversearch

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.
Pastimes : The Naked Truth - Big Kahuna a Myth

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: IceShark who wrote (4690)8/28/1998 10:14:00 PM
From: MythMan  Read Replies (1) of 86076
 
Riddle....who said this? hint..it wasn't will the thrill. <g>

>>To compare the Japanese bubble in the late 80's with the bubble here in
our stock market makes very little sense. At its peak, the Nikkei was
selling for 80 times earnings. At the peak here in July, the S&P was
selling for 28-29 times earnings. With Greenspan and Rubin taking swift
action, I just don't see the massive decline that perma Bears like
Prechter and Arik are calling for coming true. <<

ps I agree with this, myth and all.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext