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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Perspective who wrote (100368)	7/1/2004 11:46:01 AM
From: dpl	Read Replies (1) \| Respond to of 209892

" Have you seen anything anywhere that looks at the timing of bottoms and tops on different asset classes vs. the K-wave? " No.Timing the end of a bubble is very hard.The only thing I have seen is when people start acting insane and the asset becomes something else to everyone you are closer to the end than the begining. For instance by 1980 I kept hearing that gold was no longer a commodity but something more special. I did recognize in 1983 that 1980 was the end of the inflation phase and bought a lot of bonds. "Seems too early for Spring - sounds like just a sunny, unusually warm Winter day..." More like we have a cold dark winter night and the Fed has huge lights and heaters hooked up to a giant battery.When the battery runs out... :-) David