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Non-Tech : Tulipomania Blowoff Contest: Why and When will it end? -- Ignore unavailable to you. Want to Upgrade?


To: yard_man who wrote (2242)12/26/1999 9:45:00 AM
From: Dale Baker  Read Replies (2) | Respond to of 3543
 
Fair enough. Good points well made and well taken. Thanks for the input.

I still think the jury is out on how a largely Internet-based economy will function in 5-10 years. It's a totally new beast, a steroid-charged version of the service economy we have been moving to for a while.

Knowing how wedded most economists and stock market analysts are to old models, I really don't think they have a clue what will happen or what to do about it now or later.

But neither do I. And just as not everyone will get out in time (if that's necessary) not everyone participated in the ride up. The different approaches make the market.

All the best.