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

To: Bill F. who wrote (76040)2/17/2000 12:58:00 AM
From: pater tenebrarum  Read Replies (1) | Respond to of 132070
 
Bill, just read your rap - great job as usual...told you there'd be more mania chronicles..<g>
if it's any consolation, i believe we're getting quite close to judgement day...of course i have been wrong about this before(who hasn't? <g>) but i have never had my indicators scream 'get out' quite as loudly as now over the past year or so.

here's something that might be of interest - a post from LW regarding the 'smart money' indicator including a graphic depiction thereof.
perhaps it's been posted here before, but the chart is absolutely striking and is probably worth looking at again anyway...:)

csf.colorado.edu

regards,

hb



To: Bill F. who wrote (76040)2/17/2000 8:04:00 AM
From: re3  Respond to of 132070
 
my favourite anecdote is the high school teacher who can retire in 2 yrs at 55. 'i have to get agressive, i'm two years away from retiring. and everything i read points to high tech'.

these are not individuals who can conceive of buying something that is actually out of favour, and are probably the sort that would have bought berkshire a when it was 80k but laugh at it when its 45k.


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