Posted on 08/28/2009 10:35:00 AM PDT by TigerLikesRooster
Edited on 08/28/2009 10:54:03 AM PDT by Admin Moderator. [history]
ANNANDALE, Va. (MarketWatch) -- It's hardly earth-shattering news that the last six months have been a speculative period for the stock market.
Nor is that a big surprise: The initial thrusts upward of a brand new bull market are always speculative.
(Excerpt) Read more at marketwatch.com ...
Ping!
This whole bubble thing reminds me of when I used to run out of gas. You’d get that sudden, but brief, loss of power. Then it would come back like nothing was wrong. Then it would go out - but longer. Then another spurt of power, but shorter than the last one. Then follow up random spurts as occasional drops got through to the piston.
And finally yer done on the side of the road with your thumb out.
I think of these bubbles as the little spurts. They are getting smaller and more brief. But we will have our thumb out soon enough.
Active in the market now are members of a generation who have never in their lives experienced a serious downturn.
Also, of course, there’s the dollar weakness on the international market.
Speculation or fraud? The government is flooding the markets via the banks to continue the shell game. Play at your own risk, or rather make that, “Past performance does not guarantee future results”.
Folks are being set up for the next leg down.
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