2026-07-072026-07-07http://salesiana.dossiersoluciones.com/handle/123456789/19475This is a reply to Johansen's comment on `Are Financial Crashes Predictable?', by L. Laloux, M. Potters, R. Cont, J.P. Aguilar, J.P. Bouchaud, Europhys. Lett. 45, p. 1 (1999).2 pages, submitted to Europhys. LettCondensed Mattertext