SI
SI
discoversearch

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: dennis michael patterson who wrote (36717)1/5/2000 11:48:00 AM
From: pater tenebrarum  Read Replies (2) | Respond to of 99985
 
for complacency to be eradicated we'd need a dump of epic proportions imo...but the bulls have easy Al on their side, until the day we have a systemic collapse. of course i am an adherent of the Austrian school as opposed to the 'new era' school of thought. simply put, a credit induced boom ends in a bust when a) the Reserve Bank begins to clamp down on the credit expansion or b) the currency system involved simply collapses as the natural limits of the credit expansion are reached. needless to say, the Fed has opted for b). meaning that most likely once this correction is over, the bubble will inflate further. this time it will probably be the Dow leading the charge.

hb