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: Fun-da-Mental#1 who wrote (35116)	12/13/1999 5:35:00 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 99985

LOL! people don't remember it nowadays, but for a long time after the '29 crash, dividend yields on stocks used to be higher than bond yields. stocks had to compensate for the risk associated with owning them. nowadays people believe stocks to be an essentially riskless asset that knows only one direction: up. this euphoria and complacency is exactly the opposite of the despondency one finds at important bottoms. the AAII bears are at a multi year low btw....