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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: BGR who wrote (75705)2/11/2000 4:26:00 PM
From: Skeeter Bug  Read Replies (1) | Respond to of 132070
 
>>as long as the data and market history is on my side.<<

bgr, the market now is not equal to many markets in the past. to compare them is to compare apples and oranges.

if you compare this market with other markets that had similar valuations, what was the result?

did you know that for each $1 this country produces in gdp there are $2 in trading?

this never occurred in the 80s. or 70s. or 60s. or 50s. or 40s. or 30s. it did in the 20s, though. 1929, to be exact.

while direct correlations of the present to 1929 are error prone, so is comparing this market to, say, the 1990s, for example.

very different markets.



To: BGR who wrote (75705)2/11/2000 11:03:00 PM
From: ScatterShot  Read Replies (1) | Respond to of 132070
 
"I do know that he is quite arrogant."

Arrogant? You want arrogant, try this:
Message 12809629



To: BGR who wrote (75705)2/12/2000 3:25:00 PM
From: Mike M2  Read Replies (3) | Respond to of 132070
 
BGR, I disagree with you about MB . He is exceptionally generous with his time and knowledge. One day ( after it is too late)everyone will realize that this market was a manic bubble of historic proportions. There are many " highly educated" people who cannot think independently from the herd. The crowd is right during the trend but wrong at major turning points. The gullibulls will see how rapidly liquidity disappears during a severe market break. Your comments amuse me. ho ho ho mike