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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: energyplay who wrote (44202)1/2/2004 9:01:11 PM
From: Seeker of Truth  Read Replies (1) of 74559
 
When everybody is being irrational shouldn't we try to be rational? Since the previous China boom was overdone why should we copy it exactly? I think it's best to get out too soon, i.e. when the PE's are objectionally high, even though the market's momentum is tremendous. I'm not saying that time is now.
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