Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Pastimes : The Big Picture - Economics and Investing -- Ignore unavailable to you. Want to Upgrade?

To: Sid Turtlman who wrote (562)	8/17/1998 5:13:00 AM
From: Arik T.G.	Read Replies (1) \| Respond to of 686

Hello Sid, We may see a market bottom today or tomorrow, but this should be a short term bottom. I believe that a stock market crash (not necessarily overnight) will precede the depression by 6-9 months, although warning signs are all around us. In a bubble, the miracle of no inflation, minimum unemployment growth is possible because excess money inflates equity (and real estate) prices instead of goods prices (the currency is depreciated against equities but not against goods and services). There is a rule in cartoons: the animated characters can run off the cliff's edge and continue running in mid air until they look down. Only after they realize they're standing on thin air do they fall. ATG