Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Perspective who wrote (100356)	6/30/2004 8:00:36 PM
From: elliottrules	Read Replies (1) \| Respond to of 209892

bobcor, I do believe that late deflation of the K-wave is exactly what happened in Japan from 1989-2002. And as a world economy, we are about to boom, led by the US and Japan. We will eventually add 5-10 times as many people that live in the US to the free economic pie and capitalism. Why not a 2 or 3 year decline. 29-32 was the same time frame. Why does it have to take longer. Naz decline from 1999 looks a lot like the Dow from 1929. Of coarse, I am probably wrong.

To: Perspective who wrote (100356)	7/1/2004 4:27:17 AM
From: who cares?	Respond to of 209892

Exactly, the K-Winter is supposed to destroy all the bad debt, but continue the seasonal analogy, Greenspan has built up a greenhouse of debt to try to keep things alive all winter. Maybe he's succeeded(doubtful) maybe not, maybe the greenhouse of debt is obscuring the fact that it's snowed 20 foot deep out, but if/when the greenhouse fails then we're likely to suddenly get the winter full force. And if he succeeds, I would imagine because so many resources have been consumed keeping things alive during the winter, it's not exactly going to be a bumper crop in the spring and summer. I'm reminded of some stupid margarine commercial from my youth where mother nature was always zapping lightning bolts at people that try to fool her. I think it will be the same with Greenspans meddling in the natural order of things.