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Strategies & Market Trends : The Stock Market Bubble

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To: Moominoid who wrote (2479)12/30/1998 10:51:00 AM
From: Box-By-The-Riviera™  Read Replies (1) of 3339
 
That's an interesting observation.....and one which may explain why so many bright people have been wrong on both sides....while being "right" within the "theory".......i.e. theory vs. practice.....

Plus.......have we really in the last year taken into account a certain kind of "faith" or "emotionalism" .......which could be considered as one of the supports of this market..... beyond the usual short interest, consumer confidence and other such traditional indicators?

However.........to remind you.........in april....anyone working on the basis of dow theory....plus fundamentals.....was very very correct in their assumptions.....until the recovery which followed..... then all theories went to hell more or less...

Joel
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