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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: lurqer who wrote (15952)3/28/2003 4:33:08 PM
From: Jim Willie CB  Read Replies (2) | Respond to of 89467
 
War Rally Euphoria, by Adam Hamilton (Zelotes)
dangerous signals in the stock market
some pathological behavior
no fear, no bottom
that simple for S&P

gold-eagle.com

The bottom line is that the recent euphoric war rally in US equities was not the good kind of happiness and confidence that Webster mentioned, but the second maniacal pathological kind.

Pathological greed is an immensely dangerous emotion that always ends in catastrophic capital losses for those foolishly swept away by it. Never forget the horrific price that the NASDAQ investors have already paid for their own pathological greed that manifested itself in a bubble!

Today's insta-bulls are on the verge of learning another brutal lesson about the grave dangers of pathological euphoria.


/ jim