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Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?

To: Arik T.G. who wrote (2138)1/28/1998 3:37:00 PM
From: geewiz  Read Replies (1) | Respond to of 5676
 
Hi Arik,

I'm not much at market history, and our resident historian, Joe G is no longer posting, so I'll direct the question to you, but would appreciate anyone's opinion; what's a typical blowoff look like? My scant memories of the nifty-fifty were large caps trading at 40 to 50 price-earnings and I think it lasted about two quarters.

best, art




To: Arik T.G. who wrote (2138)2/2/1998 10:39:00 AM
From: kahunabear  Read Replies (2) | Respond to of 5676
 
We are in Alice in Wonderland.

The President's life is like a Jerry Springer show and his ratings are at all time highs. World economies are failing and gold is still near multi-year lows. Our market is near all-time highs yet we have a slowing economy, while interest rates and commodities have no place to go but up.

Oh well, I guess its time to buy -g-.

WS


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