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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Augustus Gloop who wrote (10468)10/28/2008 10:19:47 AM
From: Jorj X Mckie  Respond to of 33421
 
That's the key for me too. I had some pretty extreme aversion therapy on both sides of the market.

I was kinda sitting back and watching dumbfounded at the RE boom. It was pretty clear that it was going to end badly without even knowing what the underlying cause was.

Rule #1 - Booms are always followed by busts.



To: Augustus Gloop who wrote (10468)10/28/2008 11:03:02 AM
From: blind-geezer  Respond to of 33421
 
I did not forget my mistakes, unfortunately I am still making them ...



To: Augustus Gloop who wrote (10468)10/29/2008 1:59:05 AM
From: John Pitera  Respond to of 33421
 
This one has blown up it's quota of companies...........many more than in 1987.

JP