NDO 0.00% 9.8¢ nido petroleum limited

irrationality

  1. 287 Posts.
    Some years ago Alan Greenspan said the US stockmarket etc was afflicted with "irrational exuberance". IMO it must now be suffering from irrational gloom and depression.

    Stock brokers say things like "the market goes up via the escalator and down by the lift" and the top of a bull market can aften be recognised as soon as it happens but the bottom can be harder to recognise. The bottom may sneak up on you and you won't recognise it for what it is until a fortnight or even longer has passed...so be alert!!

    GeoffDF
 
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