thegreatcrash.com press release

Jordan Hayes jmhayes at j-o-r-d-a-n.com
Tue Jan 4 18:32:28 PST 2000



> So by your logic, bear markets were never possible.

I'm not sure how you jumped to that conclusion.

But "by my logic" we ought to see a bear market if a) there's a huge upward change in the supply of stock and b) there's a great disincentive to give heaping gobs of cash to mutual fund managers whose job it is to buy stocks.


> Is it different now?

I think we're in a supply/demand situation that we've never seen before, yes.

/jordan



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