Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: paulmcg0 who wrote (14817)	3/9/1998 12:24:00 AM
From: kahunabear	Read Replies (1) of 94695

I think many people do know that this is getting crazy. Especially those close to the market. Eventually there will be a mad rush for the exits. Greed and money drive this grand illusion. And you are right it has happened over and over again. It must just be part of human nature. Bilow's beanie baby analogy is a good one. Tulips, beanie babies, tickle me elmo, stock, oil deals, real estate, S&Ls, junk bonds, whatever. People seem to love a good mania. Especially when they are making money. And as long as you can be one of the first ones to dump your beanie babies before the market for beanie babies cools (which everyone thinks they will be able to do and won't) then everybody is happy. Each successive dip that is bought strengthens the illusion. In the end most will look back and say they knew it was going to happen or they should have seen it coming. But I think most must know, they just suppress it. WS

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