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Strategies & Market Trends : The Stock Market Bubble -- Ignore unavailable to you. Want to Upgrade?


To: Moominoid who wrote (2240)10/31/1998 7:03:00 AM
From: Box-By-The-Riviera™  Read Replies (1) | Respond to of 3339
 
I agree with your assumptions David. It's the WHEN part that seems difficult to predict.

Joel



To: Moominoid who wrote (2240)10/31/1998 11:03:00 AM
From: Tommaso  Read Replies (1) | Respond to of 3339
 
Thanks for laying this out simply and precisely. Much the same figures were used by an economist who was speaking out last June against allowing social security money to be invested in the stock market.

Joel is, of course, correct in wondering about the WHEN.

I haven't mentioned this in a while, but by far the best indicator of the longevity of the latter stages of the bull market is the African frog that was left in my care when my daughter went off to college more than two years ago. I had never imagined that a one-inch long frog could go on living for at least two and a half years. I began saying two years ago that when the frog died the bull market would be over. He lives on nothing but small ants. I don't suppose any health food stores sell ant-burgers. This frog shows no signs of decrepitude.



To: Moominoid who wrote (2240)10/31/1998 1:45:00 PM
From: Lucretius  Read Replies (2) | Respond to of 3339
 
you need to adjust your assumption of L-T interest rates. They are going higher as foreigners flee the dollar. Watch the bond mkt over the next couple weeks. The long bond should crash by Dec