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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?


To: accountclosed who wrote (16975)1/26/1999 2:34:00 PM
From: Thomas M.  Read Replies (1) | Respond to of 86076
 
All we need is Myth to come out fo the closet, and we'll be set for the BK. <g>

fnews.yahoo.com

<<< It is pretty much a given that we are in a mania, so I stepped out of the closet this week to stop this crazy rationalizing of these stock prices. Later in the week I had a mind meld with Ron Insana where I was frantically trying to put together a chart of General Electric in 1929, while he was doing the same for the Radio Corporation of America. It was scary, in that these two stocks had charts that, from the left side, mirrored what I am seeing in Internet stocks. Yes, there is that much volatility and parabolic, ballistic motion that the comparisons make sense. This is an important Rubicon, because you are never supposed to cross into 1929 analogies. It's like invoking a card that you can only do once because if you are not right you are just another doomsayer, and I have avoided being a doomsayer all my life. >>>

Tom