05-21-2016, 09:09 AM
(05-06-2016, 12:32 PM)Odin Wrote: If there is a crash with a 10,000 point Dow drop I think it will be a tech crash. There seems to be a huge bubble involving everyone and their mom trying to get into marketing on social media sites and the number companies centered around managing other companies social media presence seem to be growing at an exponential rate and reminds me a lot of the delusion that took hold in the late 90s.Likley. The last stock crash in 2000 involved the same. Although the 2007-2009 bear was bigger than the 2000-2 one, this crash is better characterized as a real estate crash like 1837, 1857, 1873, and 1893. Both 2000 and the new crash would like be stock centric like 1907, 1929 and 1987.