SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: inchingup who wrote (46920)12/9/2005 2:03:12 PM
From: UncleBigs  Read Replies (1) | Respond to of 110194
 
Even if I chose to cash out I can't think of anything that would warrant me investing in.

Selling out of a speculative bubble and putting the proceeds in cash or T bills doesn't even occur to you. It has been so ingrained in you that cash is trash that you believe you must be long something at all times. That's a view shared by 99% of the public.

That's why we have rolling bubbles. An asset goes parabolic then begins its descent only to trigger the next parabolic ascent in another asset.

The continual search and chase of the next rising asset will end. Once wealth begins to be destroyed by declining values, extreme risk seeking herd behavior will morph into risk aversion.

I predict that happens in 2006.