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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Perspective who wrote (115644)8/5/2001 3:48:43 PM
From: patron_anejo_por_favor  Read Replies (1) of 436258
 
<<These people frighten me, seriously. Don't they understand the difference between doing the "correct" thing and the "logical" thing in a market? When the price of a thing goes up, I say the market is asking you to do the "correct" thing and add supply - SELL. These guys see a rising real estate market as a signal to do the "smart" thing and pile on - BUY. Isn't that how the tech stock bubble formed?>>

Yes, it's exactly how the tech stock bubble (and every other bubble known to investing) formed...but you gotta love the tone of the article, it's just the kind of stuff we saw in February-March 2000....
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