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Re: Bubblicious? (redux)
Old 05-18-2007, 02:00 PM   #10
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Join Date: Jan 2006
Posts: 3,113
Quote:
Originally Posted by GMueller
I believe everyone remembers the popping of the last bubble, but they also figure they are smarter than the rest of the pack and will be able to pull their chips off the table before the "ca-ca hits the fan." Because so many do remember the last time, I believe when it does start to unravel, it will unravel much faster than before, and a lot of "smart" people are going to be left holding the bag.
People (analysts, talking heads) have been angst ridden over the "ca-ca hitting the fan" since last October when the markets started their rapid rise. They've been holding back, waiting for dips that never come, etc. I have a feeling it'll be a much wilder ride than a rapid unraveling.

Audrey
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