Very True CanMar, Found this on SI, thought it was worth a chuckle... There once was a stock market in trouble..It got that way because of a bubble..Henry Blogget said BUY!!!, stocks are going to the sky and the public, well surely they followed..
Then one day, stocks started to drop...When they hit support the bulls expected a pop.. but what they got was stocks falling like a rock
Then the FED came to the rescue and slashed interest rates, but the selling.. it didn't abate..When that didn't do it the FED cut rates more, not 2 times or 3 not even 4..Even still, after a year, most people, they felt no fear.They continued to buy every dip, never sensing they would get whipped.
Where will it end, how low will we go?..It's hard to say,depends how much cash investors are willing to blow. |