SI
SI
discoversearch

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.
Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: James F. Hopkins who wrote (10034)4/16/1998 4:24:00 PM
From: yard_man  Read Replies (1) | Respond to of 116753
 
Don't say never, James. Good way to get hurt. Say highly unlikely instead.

A few years back Japan was going to kick our butts. When I graduated with my Masters in 88 the speaker was a highfalutin' Frenchman. He spoke to instill fear into the crowd that Japan was taking us over economically as a power house and we better get ready to defend the onslaught because we had lost substantial ground already. There were several books out around the same time. Peoples fancies change drastically.

Always look in the rear-view mirror -- but especially when backing up!

Of course there is the proverb: Pride goeth before the fall -- there's a lot of pride in this market, IMO.



To: James F. Hopkins who wrote (10034)4/16/1998 4:39:00 PM
From: Crimson Ghost  Read Replies (2) | Respond to of 116753
 
JIM: We had enormous productivity increases in the 1920s also. No matter how good the fundamentals markets way overdiscount them in manias like the present one. Human nature -- greed and fear -- never change. When the bubble burst we will be going down -- way down. Many premature bottom fishers will be massacred. The bear will not end until the "buy the dips" mantra has been totally discredited.