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

To: bobby beara who wrote (2624)	2/6/2000 1:16:00 PM
From: Dale Baker	Read Replies (1) \| Respond to of 3543

This is why you got to turn the chart upside down, inside out, you 'stuarts' are claiming the bears wrong, but the bears have been right for almost two years on all sectors except one = tech. As the saying goes, what you say is perfectly true, but irrelevant for my purposes. Now you are placing yourself in the same camp as buggy whip investors when cars first came out. Like the economists who can't figure out why their 30-year old macro models don't work today. And portfolio managers and hedge fund gurus that keep losing money. Can you imagine losing money in these markets? I can't. I know, I know, reality has to regress to the "expert" mean sooner or later. Can't violate the dictums from the High Priests of Economic Truth. The 1970's are over and done with, Grumpy. New century and all that, you know? All these new technologies and industries to figure out. If you would care to publish your current holdings I would be very interested to see what a bear is playing these days. According to your own declarations, you are totally nuts to hold anything overnight in this market climate unless the PE is under 5. I just updated my portfolio over on the 50% Gains thread, for anyone who is interested.