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To: Mike M2 who wrote (13999)2/11/1998 12:31:00 PM
From: Thomas M.  Read Replies (1) | Respond to of 18056
 
That number doesn't jibe with the data (datum?) someone else on this thread contributed, that 130% of GDP = Dow 10,000. I think its possible the 130% number might be important TA-wise.

Tom



To: Mike M2 who wrote (13999)2/11/1998 12:47:00 PM
From: Mike M2  Respond to of 18056
 
I just wanted to clarify that I credit Michael Belkin for the term " bubble vision" not the GDP figures which are perhaps on the high side but in the stratosphere nonetheless. Mike



To: Mike M2 who wrote (13999)2/11/1998 7:44:00 PM
From: tekgk  Read Replies (1) | Respond to of 18056
 
I used to think that Japan held the record for stock market cap as a percentage of GDP (130%) until someone corrected me on an SI thread. I forget which thread, but the record seems to go to Indonesia which crossed 300%! Japan still holds the record for big countries with any sort of meaningful accounting system. I would argue the the GDP number s issued by the government in Indonesia were probably inflated by Suharto(sp?).


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