Quote:
Originally posted by KRL
True, but the stock market runs on emotion not logic and emotion doesn't know how to read numbers.
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The investors you are describing above are not part of the smart money class of investors. Not saying that I am part of the smart money either, but one thing I do know is to get cautious when the herd all wants to move in one direction. History has shown time and again that the herd may move in the middle of a trend with force but gets chewed up horribly at the top and bottom.