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Yep, we are in the 1990's collectibles pre-crash
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Started by Mercury Man,

101 posts in this topic

RockMyAmadeus

RockMyAmadeus

Posted
Posted
6 hours ago, Hamlet said:

And how is that expressed in markets when things are going up? 

"I'd better buy it quick before it goes up more and I'm left behind".

When a market is going down, it tends to turn to fear-

"I'd better wait to buy it until it is done going down".

If a person can override those impulses and do the opposite, they can avoid a lot of market pain.

That's not greed. That's just plain old fear. Fear of getting caught holding the bag, in whatever form that bag takes.

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