MDA - Market Direction Analysis Message Board

STOCKTALK

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.

Strategies & Market Trends : MDA - Market Direction Analysis

SPY 671.91

0.0%

Nov 14 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Zeev Hed who wrote (49678)	5/7/2000 12:08:00 PM
From: jmootx	Read Replies (1) of 99985

Joan, good point and I believe that the ignorance from the average investor is the combination of greed and trust. Baby boomers feel infallible since the Cold War was won on their watch much like those in the 1920's felt after WW1. (The war to end all wars.) There is a sense of greed and justice seeing our former enemy in economic ruins (Russia) much like those felt about Germany in the 1920's. Asia is no different in this respect, Americans sure took a bashing from the Japanese in the 1980's. Their products were "always" going to be superior and cheaper than anything made in America. Our market crashed in 1987 as theirs soared into 1989. So once again, Baby Boomers feel infallible as the reverse of fortunes occur. These are some powerful of hypnotics to justify their ignorance about the bubble bursting.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next