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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: benwood who wrote (89072)11/21/2007 5:16:13 PM
From: andiron  Read Replies (1) | Respond to of 110194
 
PPT went for vacaciones temprano hoy??
yesterday , it was in action...



To: benwood who wrote (89072)11/21/2007 7:51:47 PM
From: Tommaso  Respond to of 110194
 
I think maybe the moment will be when about ten million "investors" suddenly realize they have been in equities for ten years and have not made a dime--indeed, have LESS than they put in.

The faith in stocks goes back a quarter of a century, to 1982, when they were vastly undervalued. An entire generation has grown up on the premise and creed that stockswill always go up.

Housing bubble: at least it is possible to live, sleep, cook, shower, and wash clothes in a house. Stock bubble: none of the previous--nothing but an electronic entry in a brokerage account. Very little income in most cases.