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To: blam
TV ads have been reminding me of 1999. Stocks are going up! up! up! Your friends are making millions! Do you have your money in the right place?? Hot stocks are out there! Call your broker now!!!

Makes me think it's definitely going to tank.

4 posted on 06/08/2013 7:54:27 AM PDT by ClearCase_guy
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To: ClearCase_guy
it's definitely going to tank.

--but no way in hell does anyone here believe it enough to actually pour money into short positions.  That means we got a lot of folks here expert with other people's money and clueless with their own.

9 posted on 06/08/2013 8:53:22 AM PDT by expat_panama
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To: ClearCase_guy

Yes I have noticed that too. However there is at least one key difference between 1999 and now and it’s called the P/E ratio which was much much higher in 1999. Having said that the market does not always correlate closely with P/E. That would be too rational. :-)


16 posted on 06/08/2013 2:11:35 PM PDT by plain talk
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