Joanna
Doug Henwood wrote:
> joanna bujes wrote:
>
>> OK. I predict that this Google offering will mark the beginning of
>> the next leg of this secular Bear market.
>>
>> Why? No hard facts, it just has a nice dramatic/poetic symmetry. Is
>> poetic justice in the economic lexicon?
>> Probably not.
>
>
> Justice, no, but as Wallace Stevens said, money is a kind of poetry.
>
> The only problem with your scenario is that trends usually persist
> longer than anyone expects. So GOOG could be the beginning of an IPO
> neo-boomlet, and not the onset of a neo-bear.
>
> Doug
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> .
>