<as most of my shares, regardless of industry, national origin, or relative valuation, are all rising, making me believe I am a genius, which I know I am not, I therefore must conclude we are now in a echo bubble boom, reverberation mania, due to the weight of money sloshing about.>
Jay, that's part of my years old script. We are on the same page, at last. Whether this is the start of the up-cycle or another dead-cat reverberation [echo dead-cat reverberation] I don't know. As Uncle Al, KBE, says about bubbles, we'll know when we look back.
I have a sneaking suspicion that it's another dollop of wishful thinking [even though we are three years into the market clearing process and bringing back to earth of dreamers].
Keep in mind that you are not a genius, but might be right nevertheless, by the equivalent of genius, which is dumb luck or random fortuitous positioning. The word is irrelevant, the outcome is all that laws of nature respect.
I'm guessing echo bubble boom [not dead-cat reverberation as that is too negative for my liking - the world is inherently a positive place with the arrow of time opposing entropy and black holes as proven by the fact that we are here, above -270 deg K and above the event horizon of the universe and warm, with restaurants full of food, happy people and music playing].
But I have a bob each way, just in case.
Mqurice |
