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Strategies & Market Trends : The Stock Market Bubble -- Ignore unavailable to you. Want to Upgrade?


To: Dale Baker who wrote (3100)5/4/2000 1:37:00 AM
From: Follies  Read Replies (1) | Respond to of 3339
 

If the Naz is higher in October 2000 than it stood in October 1999
and all the rate rises are over,


I think that is an oxymoron



To: Dale Baker who wrote (3100)5/4/2000 8:03:00 AM
From: Tommaso  Respond to of 3339
 
'Even after the "big crash" and multiple rate rises, the Naz is well ahead of where it stood six months ago.'

I would agree with you in putting "big crash" in quotation marks.

I find some people quoting John Templeton's advice of "buy at the point of maximum pessimism" as a reason to get back into the market now. As your message illustrates, we are very far from any point of maximum pessmism.



To: Dale Baker who wrote (3100)5/4/2000 8:26:00 AM
From: Mama Bear  Read Replies (1) | Respond to of 3339
 
"My complaint is the way bear fund managers told everyone for years on end that the market runup was an unsustainable farce"

It is interesting the way you generalize, acting as if all bear fund managers speak with one voice. Don't forget to genuflect before the holy bull market.

Regards,

Barb