Why do you always post nonsense BS. 1987???..I worked in the Securities business in 1987. Back then, a typical trading day resulted in 50 million shares trade on the entire New York Stock exchange. Today, SPY alone trades three times that on a slow day.....and did not exist in 1987.....How about some credibility......Posting crap about 1987 isn't doin' it for ya!
greed and fear has been the same forever. read about the Tulip bulb mania/bubble? In the future, this could be referred to as the FED/Obama induced bubble of record low S-T interest rates for way too long....record money printing, record increase in deficit under one president in 3.5 years. actually Obama has racked up more debt in 3.5 years than the entire US since 1776. That sure hasn't been tested yet. what if rates do increase by 2-3% to curb hyper inflation? Anyone check plane tickets lately? an increase to 2% would be an eight fold move from the current 0.25%!! Look at the stock index charts. Those show fear and greed and what is actually happening now......not what some talking head on CNBC thinks ought to occur or wants to happen.