Thoughts from the Frontline

Son of a Bubble

By John Mauldin

May 19, 2001

Son of Bubble
Why Doesn’t This Market Go Down?
Could the Fed Be Pumping this Market?
Fighting the Fed or Fighting History?
Timers in Trouble In Denver
Gold, Bonds, and more

Is the stock market the Little Engine That Could? Have I blown it when I suggested you get out a few weeks ago as the Dow rises another 7% and the NASDAQ is up 10% since then and 30% since the recent bottom? Am I early or am I simply wrong? Is there something really different this time?

Today we will try to answer these and other questions with more than a simple "maybe". Let's review what has happened over the past few weeks and see if anything has changed.

First, let me once again point out that I am not a bear by personality or nature. I believe in trying to take advantage of whatever opportunity the market gives you. I prefer orderly bull markets. I believe we are going into…

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