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Does Herd mentality rule the day?      7-Nov-09 09:14 pm    
Personally I believe about 90% of the investors believe the market won't correct significantly until after the 1st of the year. Here is a perfect example of that thinking from a reporter at CNBC, tonight!

"By: Jeff Cox
CNBC.com

"Fears that the meteoric rise in stocks and commodities prices is creating another asset bubble have investors debating whether to pull back now or ride the rally until the bubble bursts next year when the Fed starts raising interest rates."

What worries me is how confident he is that the bubble won't break until next year! In fact, he writes it as . . . matter of fact! What even scares me more is that I agree with him! I believe the Gov needs to keep the stock market strong past the end of he year for a variety of reasons but mainly or the tax reveunes!

Dang, I know I'm in trouble when everbody starts agreeing so I don't think I'll be able to sleep tonight! IMO
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lifeisjusta...

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Does Herd mentality rule the day?
lifeisjusta... 7-Nov-09 09:14 pm  
 
Look at it this way- the bubble may not burst for ...
noahlotyo 7-Nov-09 09:19 pm  
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Golden Star Resources, Ltd. (GSS)

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