SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Ask da_cheif -- Ignore unavailable to you. Want to Upgrade?


To: Chip McVickar who wrote (7067)11/10/2001 12:10:40 AM
From: Moominoid  Respond to of 8150
 
Even if we have a 1930s style depression we should still be at higher levels because of both the real growth in the economy, the growth in population, and inflation over the last 70 years.



To: Chip McVickar who wrote (7067)11/10/2001 12:21:11 AM
From: Vitas  Respond to of 8150
 
A lot of astute investors have been kicked around
by bulls over the last few years as being various kinds of big bad bears.

This chart shows why they, and not the bulls, have been essentially, in principle, on the right side of the market since 1998, when the a-d line topped out. (this is similar to Bill Huebl's SCY indicator, except that this chart is indexed)

martincapital.com

Notice how in 1998 the indicator reached the levels
that were reached in 1973, 1980, and 1987.

The remaining rise that was left, in 1999, was solely due to
the internet bubble, with all the suppliers to the internet industry benefiting while it lasted.

Rational investing, not momentum chasing, said to sidestep
irrationality.

Of course all of that has got nothing to do with where we are now. -g-