Comments on: Retirees are a threat to the markets http://www.trevorgauntlett.com/2008/11/retirees-are-a-threat-to-the-markets/#utm_source=feed&utm_medium=feed&utm_campaign=feed Exploring Finance Wed, 27 Jan 2010 19:46:09 -0700 http://wordpress.org/?v=2.8.4 hourly 1 By: The Gauntlett http://www.trevorgauntlett.com/2008/11/retirees-are-a-threat-to-the-markets/comment-page-1/#comment-94 The Gauntlett Wed, 19 Nov 2008 18:09:40 +0000 http://www.trevorgauntlett.com/?p=343#comment-94 lol... well perhaps something like that. I wouldn't call it a Pyramid Scheme per say... however, with all bubbles there is a herd mentality. The best point to get in is after the capitulation when everyone wants out. We have yet to hit that point. <br><br>The worst time to get in is when people are in a panic to buy because they don't want to miss the boat, and the same for the downside. In Oct. 2007 and December 1999 we had people thinking that stocks were the best bet that they could only go higher... we know the story. <br><br>Smart money gets in when dumb money is getting out and vice-versa. So, I'd call it more of human psychology than a Pyramid Scheme, but in a sense they are similar in nature. lol… well perhaps something like that. I wouldn't call it a Pyramid Scheme per say… however, with all bubbles there is a herd mentality. The best point to get in is after the capitulation when everyone wants out. We have yet to hit that point.

The worst time to get in is when people are in a panic to buy because they don't want to miss the boat, and the same for the downside. In Oct. 2007 and December 1999 we had people thinking that stocks were the best bet that they could only go higher… we know the story.

Smart money gets in when dumb money is getting out and vice-versa. So, I'd call it more of human psychology than a Pyramid Scheme, but in a sense they are similar in nature.

]]> By: Ryan http://www.trevorgauntlett.com/2008/11/retirees-are-a-threat-to-the-markets/comment-page-1/#comment-93 Ryan Wed, 19 Nov 2008 18:02:13 +0000 http://www.trevorgauntlett.com/?p=343#comment-93 Stock Market = Pyramid Scheme? Stock Market = Pyramid Scheme?

]]> By: The Gauntlett http://www.trevorgauntlett.com/2008/11/retirees-are-a-threat-to-the-markets/comment-page-1/#comment-48 The Gauntlett Wed, 19 Nov 2008 17:09:40 +0000 http://www.trevorgauntlett.com/?p=343#comment-48 lol... well perhaps something like that. I wouldn't call it a Pyramid Scheme per say... however, with all bubbles there is a herd mentality. The best point to get in is after the capitulation when everyone wants out. We have yet to hit that point. <br><br>The worst time to get in is when people are in a panic to buy because they don't want to miss the boat, and the same for the downside. In Oct. 2007 and December 1999 we had people thinking that stocks were the best bet that they could only go higher... we know the story. <br><br>Smart money gets in when dumb money is getting out and vice-versa. So, I'd call it more of human psychology than a Pyramid Scheme, but in a sense they are similar in nature. lol… well perhaps something like that. I wouldn't call it a Pyramid Scheme per say… however, with all bubbles there is a herd mentality. The best point to get in is after the capitulation when everyone wants out. We have yet to hit that point.

The worst time to get in is when people are in a panic to buy because they don't want to miss the boat, and the same for the downside. In Oct. 2007 and December 1999 we had people thinking that stocks were the best bet that they could only go higher… we know the story.

Smart money gets in when dumb money is getting out and vice-versa. So, I'd call it more of human psychology than a Pyramid Scheme, but in a sense they are similar in nature.

]]> By: Ryan http://www.trevorgauntlett.com/2008/11/retirees-are-a-threat-to-the-markets/comment-page-1/#comment-46 Ryan Wed, 19 Nov 2008 17:02:13 +0000 http://www.trevorgauntlett.com/?p=343#comment-46 Stock Market = Pyramid Scheme? Stock Market = Pyramid Scheme?

]]>