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To: paulmcg0 who wrote (75570)11/16/1999 9:24:00 AM
From: PaperChase  Read Replies (2) | Respond to of 86076
 
Lesson in physics. You make me so scared. Not!!

"Stock prices will collapse, like they have in the past. After the Crash of 1929..."

The easy reply would be to say it is not 1929, it is 1999. However there is a more appropriate answer rooted in physics. As Einstein postulated, in order for the past to exist, the future must have already occurred. The past and the future are not the separate realities humans perceive them to be. They coexist at the same time and flow in balance with one another. Based on his theory of time travel there are an infinite number of universes with an infinite number of future outcomes that have already happened. You should think about that next time you predict "the future" which has already occurred with an infinite number of outcomes. ho ho ho party on



To: paulmcg0 who wrote (75570)11/19/1999 6:34:00 PM
From: nommedeguerre  Read Replies (2) | Respond to of 86076
 
Paul,

>>PaperChase, you seem to have forgotten history. By any historical measure, like the P/E ratios of the indexes, this stock market is the most overpriced stock bubble in U.S. history. The Nasdaq 100 index, for example, has a P/E almost double what Japan's Nikkei index had when their stock bubble started to pop in early 1990

Bad analogy, everything is smaller in Japan, even their P/E's. The sky's the limit in America; just look at the National Debt.

>>All speculative stock market bubbles eventually pop.

"Speculative Bubble" is such a harsh term; I prefer "ponzi scheme" or "Amway Level 3 Opportunities".

Cheers,

Norm