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To: BGR who wrote (125356)9/24/2001 11:42:17 PM
From: Gut Trader  Read Replies (1) | Respond to of 436258
 
A blowoff is not the same as soaring
the blowoff was the signal to sell



To: BGR who wrote (125356)9/25/2001 10:37:34 AM
From: LLCF  Read Replies (2) | Respond to of 436258
 
Because it doesn't lead by THAT much, it's no crystal ball... however it is VERY leading compared to other economic stats... and Unemployment is VERY lagging.

As to why did it soar? Irrational exuberance? Greed? Greenspan serving grain alcohol? Take your pick, it WAS a bubble remember? Ho ho ho

DAK