the start of a new bull market

  1. bbm
    2,264 Posts.
    It's quite funny what you here sometimes. Was just out having a quick bite when I over heard a conversation at the table next to me. Three guys talking about the start of a new bull market. Their basis? Everything has been oversold and the US run last night was a sign that the smart investors are getting in to the market big time. They also mentioned that this is a clear cut "bottom of the market". It amazes me how one big up day can change someone's psychology of the overall scheme of things.

    Anyhow, just thought I'd mention that even though it may well bore many of you out there, but it just goes to show how strongly psychology plays a roll with investing.

    I was seriously containing my laughter.

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