Re: 1929 deja vu

From: Rob Sweeney (rjs@rsie.com)
Date: Wed May 03 2000 - 09:08:05 MDT


* hal@finney.org <hal@finney.org> [000503 07:00]:
> Of course, people who have been so wrong so often can be a good contrarian
> indicator. The fact that they're quitting could be an ominous sign...
> Hal

Barton Biggs continued in the same piece to say pretty much just that:

> Of course, if you are a contrarian investor, you might make the argument
> that macro investing will be a rewarding enterprise now that even Soros
> has forsaken it. You also might make the argument that it is time to buy
> the euro. The sociological signs are favorable. And value investing had a
> great month after Tiger closed down.

/rs

-- 
Rob Sweeney: Information Ecology. rjs@rsie.com, http://www.rsie.com/
Time is a warning.



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