the popular delusions and mass madness are what caused the market run extremely high and tank to abyss. it's all in the mind, the collective mind. similar madness, not necessarily in financial world, happened again and again in human history. That's the theme of the book.
http://finance.yahoo.com/echarts?s=GS#chart1:symbol=gs;range=my;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
just one look and you'll see what i meant :)
所有跟帖:
• still don't get it, do u mean trend predicting in mind? -隨便一點- ♂ (253 bytes) () 11/03/2009 postreply 18:20:41
• it's about going in one direction to an extreme, -yonder- ♀ (258 bytes) () 11/03/2009 postreply 18:25:30