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: Defrocked who wrote (70980)10/21/1999 9:24:00 PM
From: pater tenebrarum  Respond to of 86076
 
Def, i agree on the many similarities...and yet, many people have spotted them and this has shaped their expectations. and as we all know, the market likes to disappoint most people's expectations. if the technical and fundamental picture weren't so utterly dismal, i'd even argue for a melt-up.
one solace is that one of the Dow 12K guys, Laszlo Birinyi, had IBM as his top pick. i hope his 12K prediction suffers an identical fate.



To: Defrocked who wrote (70980)10/21/1999 9:41:00 PM
From: re3  Respond to of 86076
 
anyone notice than nem traded in a range of 1.875 for the day ? this was actually a pretty good rally for golds on this side of the atlantic...i think to quote George C, I'm back in business, baby....

ike



To: Defrocked who wrote (70980)10/22/1999 9:44:00 AM
From: Investor2  Respond to of 86076
 
RE: "The similarities are striking. Bonds dropping, dollar declining, real estate skyrocketing, stocks ignoring everything."

Also, IBM took a big drop prior to the crash. I realize it's just one stock, but some still consider it a bellweather market indicator.

Best wishes,

I2