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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Bruce A. Thompson who wrote (76484)6/10/2002 9:38:34 AM
From: Chispas   of 99280
 
Bruce, a "beautiful" quote from that link...

"Once stock prices reach the point at which it is hard to value them by any logical methodology,
stocks will be bought as the were in the late 1920s – not for investment, but to be unloaded at a
still higher price. The ensuing break could be disastrous because panic psychology cannot be
summarily altered or reversed by easy-money policies."

--Alan Greenspan, 1959
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