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Strategies & Market Trends : Waiting for the big Kahuna
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To: bobby beara who wrote (36665)1/23/1999 12:07:00 AM
From: Vitas  Read Replies (1) of 94695
 
>>>MANIA STOCKS ARE ALMOST ALWAYS FOLLOWED BY MULTI YEAR BEAR MARKETS!<<<

dey's a problem with that. the 1983 computer stock tulip busted
in July '83, and although it kicked a ding in the market, the bear did not come until January 1984. Biotech's busted in January of 1992, but not that big a deal.

There is a difference this time in that this mania is much more pronounced. Instead of 3x-5x moves we have 10x moves (or more).

Don't know how to figure that. In the meantime, we have already a
had a bear market. They only come once every four years.

Decisions, decisions.
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