Comments on: Did the Dow’s 80-Year ‘Bull Run’ Milestone Get to Your Paper’s Front Page Today? http://www.bizzyblog.com/2007/05/05/did-the-dows-bull-run-milestone-get-to-your-papers-front-page-today/ The Business End of the Blogosphere Sat, 22 Nov 2008 16:49:37 +0000 http://wordpress.org/?v=2.5 By: TBlumer http://www.bizzyblog.com/2007/05/05/did-the-dows-bull-run-milestone-get-to-your-papers-front-page-today/#comment-114595 TBlumer Sun, 06 May 2007 01:32:27 +0000 http://www.bizzyblog.com/2007/05/05/did-this-remarkable-stock-market-news-get-to-your-papers-front-page-today/#comment-114595 #1, don't necessarily disagree. It all comes back to earnings, cash flow, PEs, and expectations, which, as always, could go south at any time. I agree that the markets will suffer if the tax cuts expire, or even look like they're going to expire. #1, don’t necessarily disagree. It all comes back to earnings, cash flow, PEs, and expectations, which, as always, could go south at any time.

I agree that the markets will suffer if the tax cuts expire, or even look like they’re going to expire.

]]> By: largebill http://www.bizzyblog.com/2007/05/05/did-the-dows-bull-run-milestone-get-to-your-papers-front-page-today/#comment-114594 largebill Sun, 06 May 2007 01:13:01 +0000 http://www.bizzyblog.com/2007/05/05/did-this-remarkable-stock-market-news-get-to-your-papers-front-page-today/#comment-114594 Tom, I'm not an alarmist, but I can't help but think about what happened after that bull run of 80 years ago. Obviously, the problem of October 1929 and the period that followed was exacerbated by the lax rules of Wall Street at the time which lead to swift margin calls that caused lots more selling. However, people need to keep in mind that while the major indexes are probably all heading higher over the next year they are not likely to get there via a straight line. We should be ready for the occasional correction. If the current congress forces tax increases the correction will be harsh. Tom,

I’m not an alarmist, but I can’t help but think about what happened after that bull run of 80 years ago. Obviously, the problem of October 1929 and the period that followed was exacerbated by the lax rules of Wall Street at the time which lead to swift margin calls that caused lots more selling. However, people need to keep in mind that while the major indexes are probably all heading higher over the next year they are not likely to get there via a straight line. We should be ready for the occasional correction. If the current congress forces tax increases the correction will be harsh.

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