SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : All Clowns Must Be Destroyed

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: BGR who wrote (18493)3/17/2000 8:53:00 AM
From: pater tenebrarum  Read Replies (1) of 42523
 
you sound as if there were proof for this...produce it please. i on the other hand can point to numerous occasions in history when markets got ahead of themselves, and the results have always been the same. like Rubin said, it's a choice between 'new era' hype (which always appears just as secular trends are near to reversing, another historical fact), or all of human history. you still refuse to acknowledge the most important variable in the behavior of markets, which is human nature. as mentioned before, it never changes. and that's the reason why past market behavior is useful in drawing conclusions regarding present and future market behavior.

your statement otoh, is an article of faith...it illustrates the psychology that predominates near bull market peaks nicely ('the past is not important, because THIS TIME IT'S DIFFERENT' - baloney, the human emotions of greed and fear are still the same).
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext