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 -- Ignore unavailable to you. Want to Upgrade?


To: wlheatmoon who wrote (65532)9/30/1999 6:59:00 PM
From: pater tenebrarum  Respond to of 86076
 
Mike, that's not entirely true...but only few expect it, that's correct. one thing just crossed my mind here: some commentators have remarked (and i believe it was discussed on the thread also) that the high volatility may be indicative of a topping process...basically, i agree with that, but the question is, should it not be even higher? i mean days with 400 point swings instead of 200 would be more commensurate with high volatility at the levels we're at. another disturbing fact just came to my attention: money supply is rising again at an extremely fast clip. for a while it looked as though the Fed was about to restrain the growth of money supply, but the latest data suggest otherwise:

Message 11412362

with money supply increasing at such a pace, how can the market possibly crater? we must not forget that after all it is the growth in money supply during the '90's that is at the root of the bubble.