Zeev's Turnips Patch-No Politics (ZEEV)

[WinLoseOrDraw]

my "we've bottomed!" sign will be when i can buy a seat on the NYSE for $100k.

again, i agree the big bear is far from done, just noting that in non-real terms the last bear bottomed in the mid-70s but in inflation-adjusted terms didn't bottom until '82.

on an unrelated note - and not directed at you - i have to disagree with many of the comparisons being made between the dow in '29 and naz in '00. one of the reasons i don't see some sort of Great Depression looming is because a collapsing dow was a far more ominous economic event than the collapse of a bunch of companies that never should have been publicly traded in the first place.

JNPR could disappear tomorrow and nobody would care. if GE disappears, a whole lot of people will care.