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Politics : Ask Michael Burke
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To: re3 who wrote (67898)9/19/1999 1:00:00 PM
From: Knighty Tin  Read Replies (1) of 132070
 
Ike, Heck, had one had the stomach to listen to Abby Jo, they'd be way ahead. That is what happens in speculative manias. It is called cognitive dissonance. A group maintains a state of congnitive dissonance until the pain exceeds the reward. Then, the Amazon they held forever is worth zero and they've wasted a decade or two, at best, or they've lost everything because they used margin. That is when they blame the crooks who cheated them. <g>
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