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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Tradelite who wrote (16038)1/15/2004 12:44:44 PM
From: GraceZRespond to of 306849
 
I can't know what the poster meant, but I'll leave you with a quote:

If the nonrational actors in the drama overwhelm the rational actors in numbers and in wealth, asset prices are likely to depart far from the equilibrium levels and to remain there for extended periods of time.

Peter L. Bernstein in Against the Gods