Zeev's Turnips Patch-No Politics (ZEEV)

[wahz]

Here is Fred Hickey from May 1998. The nasdaq rose more than 4000 points and 300% after he went very bearish about a year before that. Even now we are higher than where he went bearish, and I am sure many of us are worth hundreds of times more than we were in early 1997.

Just something to think about.


"Yet, demand has slowed sharply. If we look at nominal order growth for this same industry we see a virtual collapse in orders between 1994 and 1997 despite some firming in the overall economic growth rate."



http://www.gold-eagle.com/gold_digest_98/veneroso052798.html