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

To: SouthFloridaGuy who wrote (71377)	2/6/2007 12:21:04 AM
From: Fiscally Conservative	Respond to of 306849

All of this reminds me of a time when one particular commodity needed neither intrinsic nor implied values. What only mattered was herd mentality. You know,there was a time when many thought the "Pet Rock" was very fashionable. Many went out and bought their very own pet rock. Hard to imagine,but true. It was really crazy when you think about it but it was what it was. When I hear people talk about how; the lack of share supply, low interest rates, low volatility, continued growth, and forward P/E sub 16 ? ...,will only help this market continued to climb against all other odds,all I can think about is those silly 'Pet Rocks'. Good marketing is key in any sales game and the stock market is the ultimate sales game. This market remains me of those times.