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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (59912)	9/1/1999 7:29:00 PM
From: Ilaine	Read Replies (1) \| Respond to of 86076

Is it really true that it's bearish when everyone's bullish, and bullish when everyone's bearish, or is that one of those theories like Dow theory or TA? Could it be that one day, everyone will decide that equities are priced too high, and just quit buying? Like, after Greenspan practically paints it in letters 12 ft. high? "The market is over-priced! Get out while you can!," that's what Greenspan's speech said to me. Dutch tulips and Russian equities, he was talking about. What else is gonna do it? Full moons? Sun spots? I think not, no offense. One day, the parties gonna be over, and someone is going to turn on the lights, and start throwing away all the empty glue bongs. At least that's what I think. BWDIK?