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.
Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Ron Dior who wrote (80745)6/18/2002 9:57:22 PM
From: brightness00  Read Replies (1) | Respond to of 99280
 
Ron,

I believe I stated clearly that it was during early 2000, or roughly the period between QCOM's initial fall from grace in the first week of January 2000 to the initial biotech collapse during the second week of March 2000 ("initial" as in not counting the biotech blow-out of the early 90's).

Regarding your generalization, keep in mind that the ratio of DJIA to Price of Gold at 1929 peak was not revisited until 1992 or later. In other words, what old Joe Kennedy made in four years shorting the market, the rest of America would spend the next 60 years to catch up going long, in terms of real purchasing power.