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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 142.62+2.2%Nov 21 9:30 AM EST

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To: Jacob Snyder who wrote (8890)10/22/2000 4:32:05 PM
From: Charles R  Read Replies (1) of 10921
 
<. It's not that they are stupid. Rather, it's a classic problem from Game Theory. Everyone acts in their own self-interest, to the group's detriment.>

I agree with the above thinking however I think the players get a little better with each cycle. I have watched the last 2 cycles closely and the one before that a little bit. I do not have facts to back it up but my perception is that the wildness of the cycle is reducing and the swings are getting to be somewhat more moderate.
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