Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: jttmab who wrote (34811)	12/6/1999 1:36:00 PM
From: pater tenebrarum	Respond to of 99985

jttmab, maybe it helps if you look at the longer term relationship...i.e. the Nikkei's performance throughout the 80's and the NAZ/SPX performance throughout the '90's...the patterns on a grander scale are also remarkably similar. i am not saying that that means we have to expect a similar resolution in the near future...no-one knows that for sure. but i have no doubt at all that we are witnessing one of the biggest, if not THE biggest investment manias of all time. and i have also no doubt that it will ultimately end the same way as it's predecessors did. if i knew when, i'd tell you...<ggg> btw, the hedge fund (LTCM) you're referring to, goes to show that no mathematical model is able to capture the foibles of human nature. and it proved to investors that Greenspan and the IMF will bail out even the most foolish investor, convincing them nothing bad can ever happen again... regards, hb

To: jttmab who wrote (34811)	12/6/1999 1:46:00 PM
From: Fun-da-Mental#1	Read Replies (1) \| Respond to of 99985

jttmab: re "do we believe we have better insights", I don't think it's a question of that. I bet the guys running that hedge fund are still rich, or even if they lost their shirts they'll find a way to get it back. To use an analogy, when the space shuttle blew up, it would have been silly for people to drop out of engineering school, saying what's the point. Fun-da-Mental