Originally Posted by NW Ponderer
But then, that is the inherent stupidity of stock markets in general. Stocks are supposed to represent fractional shares of assets of a going company, not an exchange based upon daily marginal fluctuations of perceptions. Until we get away from that idiotic thinking, speculative bubbles will persist.

I will not hold my breath for a change.


"It's not a lie if you believe it." -- George Costanza
The whole problem with the world is that fools and fanatics are always so certain of themselves. --Bertrand Russel