Monday, February 25, 2008
“In other words, to create any financial crisis - even a fairly mild one - there has to be a widespread belief that things are much worse than ever before. In terms of market psychology, the view that “this crisis is different from every other” is really just an echo of the cry “this time is different” that is always heard at the top of a bull market.” Bear market: This is the latest buying opportunity - Times Online
Posted at 5:03 PM