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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Mike M2 who wrote (18544)5/15/1998 1:47:00 PM
From: Tommaso  Read Replies (1) | Respond to of 94695
 
I think the bubble is going to stay inflated for a while.

Plenty of money is still coming into the mutual funds, and the money supply is still inflating.

Over a year ago I provoked Joseph G.'s wrath and disdain by denying that we were in a replay of 1929. I never imagined--given what Greenspan had said--that the Fed would be so foolish as to let this continue. At this point what we have is every bit as fluffy as 1929. As many of us know.