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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (23066)8/29/2002 10:38:32 AM
From: LLCF  Read Replies (2) | Respond to of 74559
 
"Once stock prices reach the point at which it is hard to value them by any logical methodology,
stocks will be bought as they were in the late 1920s – not for investment, but to be unloaded at a
still higher price. The ensuing break could be disastrous because panic psychology cannot be
summarily altered or reversed by easy-money policies."

--Alan Greenspan, 1959

DAK