The very fact that we are using the 1920 depression data as the benchmark for comparision and not any other smaller bear phase, by itself is good enough to tell you what the current perception in the world is!
The market is a place where people with money meet people with experience.
The people with experience get the money while people with money get experience!
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
Posted: 28/Jan/2009 at 10:14am
Originally posted by investor
The very fact that we are using the 1920 depression data as the benchmark for comparision and not any other smaller bear phase, by itself is good enough to tell you what the current perception in the world is!
And if there is absolute pessimism, Mr. Market might just....
Life can only be understood backwards—but it must be lived forwards
ha ha, nice pic! I think its gone into a coma, will wake up after a few years(hopefully!)
The market is a place where people with money meet people with experience.
The people with experience get the money while people with money get experience!
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