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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: westpacific who wrote (72261)10/18/2006 10:48:45 AM
From: Mr.Creosote  Read Replies (1) of 110194
 
Has it ever occured to you that you may be one of the sheeple? What's really amazing in this biz is how many people never look at themselves as being wrong and this is particularly true for the bears of the last two years. When the Dow crossed through the 10K mark going up from the 2002 lows bears like you were saying the same thing. Now 2000 points higher it's the same story. And when the Dow crosses 14000, your target for the top will be 14250 or so.

The investment world is full of big egos that never once consider the possibility that its "they" that could be wrong and not the "other guy". Even when the market proves them wrong and takes their money and makes them poorer, they still hold on to their antiquated beliefs that they are the smart ones and that those who actually removed them from their cash are the sheeple.

God bless America and the "sheeple"!
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