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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (17402)12/2/2004 1:51:49 PM
From: GraceZ  Respond to of 116555
 
do you think it's impossible for a bubble market to become saturated and peak without an exogenous trigger?

Once a market has become speculative, you don't need an exogenous trigger, just a bunch of momentum players looking around to see that they have been taking the chairs away steadily, the music has stopped and there are more people than chairs!