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Seattle Bubble Forum Archive • View topic - Market Psychology

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Market Psychology

How will housing affect the US and world economy? How will the economy affect housing?

Moderators: synthetik, The Tim, Lake Hills Renter

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Market Psychology

Postby rose-colored-coolaid » Tue Aug 28, 2007 2:09 pm

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Postby redmondjp » Tue Aug 28, 2007 2:47 pm

Fighting off Affluenza on the Eastside since 1995
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Postby perplexd » Wed Aug 29, 2007 9:05 pm

It's still over the 2000 highs. I think the recent new highs convinced people we were due for a correction and they get the message that everything is fine because the new highs showed that in the long run, the market always goes up. Most people's money is in their 401(k) anyway.

In other words, the takeaway for them is to hold on and don't sell until things get better.

Bernanke said it would get better, right?
“Of all the contrivances for cheating the laboring classes of mankind, none has been more effective than that which deludes them with paper money.” - Daniel Webster
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Postby Lake Hills Renter » Thu Aug 30, 2007 10:06 am

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Postby Eleua » Thu Aug 30, 2007 3:12 pm

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