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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: RonMerks who wrote (3012)	10/25/2006 1:50:35 PM
From: roguedolphin	Respond to of 50135

** "After the public becomes totally convinced that the future trend is going to be in one direction and bets accordingly the weight of its betting changes the odds to the point where the probability of these bets paying-off becomes exceedingly low. The public's enthusiasm for a particular type of investment or investing strategy therefore paves the way for the cycle to change and for a very different investment type or investing strategy to come to the fore." ** .......that sounds like the basic premise of George Soros' "theory of reflexivity" from one of his old books on markets. Rogue