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

To: ted birnbaum who wrote (3150)	5/9/2000 12:36:00 AM
From: Dale Baker	Read Replies (1) \| Respond to of 3339

Two funny things I notice about the bubble analysis crowd. First, everyone wants a DEFINITIVE answer IMMEDIATELY. None of this probability analysis, we have to declare the game over today. Second, they want this to be a horse race where the bear wins and the bubble loses. Is that because the bear has lagged so far behind and you want to catch up? That's not analysis, it's cheerleading. I don't find either trait very useful at all trying to understand where the market will go tomorrow, next month or next year. Drawing conclusions before all the facts are in is just guesswork, IMHO.