>>>the same pundits called for the popping of the internet bubble last spring as well...<<<
hey techplayer, there were plenty of pundits who called the popping of the bubble in the 1920's dow, or nikkei 80's before the final top, don't think that because there were people that recognized a bubble a little early on, that it isn't a bubble.
by your handle, i'll bet your a 20 or 30 something,
what you guys don't understand, is that stock prices and businesses are two separate entities, especially in times like this.
when everybody is a techplayer, and everybody LOVES tech, prices are pushed up into a position of massive supply (every body loves it and owns it)
i don't know if they can top the everybody loves it theme with 90% in rydex tech at the march top -g-
what we try to find on this thread, is when everybody loves it (or hates it) is relavent to the 60 minute, daily, weekly and yearly chart and try to identify micro and macro changes in trend and profit by identifying those trend changes in advance of the crowd.
all the religious bear or bull bantering in between is just for entertainment -gg-
b |
