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To: dwayanu who wrote (55354)12/21/1999 2:33:00 AM
From: DaYooper  Read Replies (1) | Respond to of 152472
 
Wow Dway, That was a great analysis. And I was with you most of the way. Totally agree on the reason for the great volatility we live with today:

all you have to do is take the old model and alter the human element a little, by making greed and fear expectations change more often.

From now to forever we'll have more information to process and act upon. And as V constantly reminds us, the powers will use every bit of it to their advantage.

But I think the real question 'at large' is whether valuation models will some day revert back to the mean. And, in the long run, simply altering investors' greed and fear expectations will not support new metrics.

Do you believe differently? If so why?

If not, then what will support these new valuations?

p.s. I'm hoping you're right, of course:)



To: dwayanu who wrote (55354)12/21/1999 8:40:00 AM
From: Sig  Respond to of 152472
 
While reading your excellent post, I keep in mind its not just them vs us, its also one house vs another house.(G)
Many tales will be told behind the scenes about it.
Keep an eye on AOL options trades where big bets often placed
-that can be a gold mine.
SES