any, or what, will save the market? 牛牛之音
(2007-11-11 20:31:42)
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quick answer first, yes, there are hopes.
but hope is not going to save the worle alone,
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the first thing, value.
to market, value is the core, the stablizer,
at moment of panic and desperation, babies are throw out along with bath water... tomorrow may very well be one of such occasions,
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the second thing, faith.
faith that the world will not doom, not tomorrow at least.
faith will make some people brave, to take risk at darkest moment.
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the third thing, time,
time will eventually cure all the market crisis, from 1929 to 2000,
because wealth is produced by human's efforts. It's only nature that,
with time, wealth goes up.
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the fourth thing, luck,
because of luck, white kights come,
luck saves one from dying at the dark moment just before dawn,