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Politics : Ask Michael Burke

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To: Ilaine who wrote (42192)1/4/1999 10:07:00 PM
From: HG  Read Replies (2) of 132070
 
Touche, I must have touched a raw nerve to bring out the defensive revelation about the "long" position and the degree. Lets not compare degrees. I like to think I have more depth than that.

You are working on a degree in psychology - yet don't understand human behavior...I'm interested in psychology because I understand human behaviour.

The netstock phenomenon is a classic example of upward spiral being reinforced. The triadic reciprocality, if you please. Unless the pattern breaks significantly, there cannot be a crash. A 20% correction is tantamount to a setback, it will only reinforce the reward system. Hence you see rallys after severe pullbacks.

Just like a person lacking childhood support structure has a greater chance of becoming a criminal and staying a criminal than a person who has had a great support structure in his/her formative years.

Hope you analyse a bit deeper and understand the analogy.
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