http://www.cross-currents.net/charts.htm

Look at the charts. Tell me that this is just a super bull market. It's different this time. All the usual. Gloat about your profits you pollies.

As infomagic says it really is about the economy.

-- LM (latemarch@usa.net), January 03, 2000

Answers

go back to your hidey-hole, troglodyte

-- (bubblegum@bubble.com), January 03, 2000.

Hey, you don't know anymore about forecasting the market than I do about forecasting weather. Last fall I took the advice of market analyst (NOT!) Gary North, who was sure it was going to crash, and crash big by the end of 98! I got out! Wow, it just fllew up. I lost a lot! And I'll be the first to admit that I'm a blooming idiot for falling for this religious fanatic, doom and gloom, nut cake.

I wish I'd waited until now, but who knows. Even Kevin Phillips on the news last night said he had a feeling things were going to change dramatically. Perhaps we pay too much attention to feelings, and not enough to logic.

-- gilda (jess@listbot.com), January 03, 2000.

Permafrost said:

(I live in Constantinople--plus the Ramadan; we leave an hour earlier than usual.)

(snip)

Lots of computer problems here, incidentally. I'm seeing dates like March, 1980 in newspaper websites and our Company computers had to be re-programmed to show the right year. We were churning out invoices dated 2019 (the missing book from the Space Odyssey series?) Anyhow, that's my vantage point...

***********************

Just the beginning of the business problems and the economy and markets are right behind.

-- LM (latemarch@usa.net), January 03, 2000.

I wouldn't say we listened to feelings vs. logic. I pulled out of the stock market last December based on hard logic, given by real experts. Read the IEEE analysis of Y2K. It is not optimistic.

I believe running by "feelings" is what drove the market last month. Logic would dictate that values are at least a little out of hand.

-- Gary S. (garys_2k@yahoo.com), January 03, 2000.

DOW's down 166 right now, 1pm.

-- Hokie (Hokie_@hotmail.com), January 03, 2000.

NASDAQ will tank this month!

-- dinosaur (dinosaur@williams-net.com), January 03, 2000.