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


To: GST who wrote (98092)9/30/2008 3:10:07 PM
From: benwood2 Recommendations  Respond to of 110194
 
That's so funny, because the herding mentality occurs during the boom and mania times, too. It would be easier to say that we just always herd:

Good times: we herd like buffalo (big, but really dumb)
BAD times : we herd like lemmings (the financial industry threw itself off a cliff -- let's follow and see where they went!)
In between: we herd like sheep (Power to the sheeple!)