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


To: AugustWest who wrote (2456)1/6/2000 9:06:00 PM
From: HairBall  Read Replies (1) | Respond to of 3543
 
AugustWest: Is this an '87 senerio or are we looking more at the '71-'74 bear market?

Neither...a brand new scenario!

Regards,
LG



To: AugustWest who wrote (2456)1/6/2000 9:28:00 PM
From: BelowTheCrowd  Read Replies (1) | Respond to of 3543
 
Neither,

'87 was a one-day, 30% drop. We haven't even seen a third of that drop in three days.

'73-74 was a grinding, slow decline, just a bit at a time, day after day for months.

This appears to be a simple correction. The market blowing off steam. We can point to any number of times that has happened in recent years for drops of 10-20% from the high.

mg



To: AugustWest who wrote (2456)1/6/2000 9:38:00 PM
From: EL KABONG!!!  Read Replies (1) | Respond to of 3543
 
Hello August,

Is this an '87 senerio or are we looking more at the '71-'74 bear market?

Just a guess on my part, but I'll opt for the '87 scenario stretched out over a few weeks early in this quarter.

Why? I suspect that money will continue to pour into retirement plans, pension plans, 401k's, 403b's etc... for the foreseeable future, mostly from the baby boomers but also from Gen-Xers now. These inflow dollars likely will be partially offset by the loss of foreign monies (in particular Asian investors) who are likely to find more favorable investments in their own economies than they would find here.

But, this is just my guess. Others may feel differently.

KJC