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


To: bobby beara who wrote (2339)3/12/1998 10:05:00 AM
From: yard_man  Read Replies (1) | Respond to of 5676
 
Well said. It's not just traders that are going to get hurt by the bubble that has developed over the last few years.



To: bobby beara who wrote (2339)3/12/1998 11:05:00 AM
From: Joss  Read Replies (1) | Respond to of 5676
 
Hi Bobby,

While I agree with the apparent consensus on this thread that the market is due for problems....My post was directed at the countdown. To begin a countdown, on needs to have a theory about what the scenario will be. I was interested in Nosty's scenario.

Hi Joss, the 29' market was triggered by some match company going out of business. It doesn't take much when you get to such tremendous overvaluation

Your post (as well as others ) point to the difficulty in making a prediction. That said, there may be a number of plausible scenarios which people have reasoned...one of which may turn out to be true. My post was an attempt to draw out those scenarios as I find them interesting.

Again, I agree with your reasoning as to "what". I just wish I could put my finger on the "when".<grin>

Steve