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Many small and retail traders made a killing on the tech boom from around 1995-2000. And many of the professional shorts lost a crap load during this time. The crowd is often VERY right, although not at the top or bottom.

Love those Huey choppers - so iconic.

The Banks I think are being setup by the (useless) politicians so when things don't get better they can just blame the banks for 'not lending'. Amazing how the sheeple follow the latest mantra that's stuffed down their throats - 'the banks must lend, the banks must lend, it's the fault of...

Too true. So what if he was a scammer, many on the Street were making good money from his operations. Don'tr get in the way of the money :)

Don't know who it was but I like the guy who said - 'Why create a bad bank. Surely we've got enough of them already"

Plus of course asset prices can remain undervalued for long periods of time. Just as they can remain overvalued for long periods of time. Just because it's undervalued, doesn't mean it's going up. Plenty of great antiques for example are starting to sell as crazy values, well under...

"if the dow went to 6,000 stocks would be sickly undervalued. " Yes, if using the valuation levels of today. But possibly no if using the valuation levels of the future. Anyway, that quote reminds me of some bubble head sprouting off on CNBC. How many times do you think that channel...

I don't know who has the worst platform but I'd bet a load of cash that it's 'award winning' Is anything not 'award winning' these days?

Don't know about 6000 but the market is going to 6437 for sure. Why 6437? Because it's the price when easy Alan said 'irrational exuberance'. It's called KARMA :)

Be careful about the 'crowd'. They're often right for long periods of time. It's at the extremes where they're often very wrong. For example, the crowd mad a lot of money from stocks gains during the internet boom which lasted for several years. Whether or not they kept this money or...

This one looks like it's got sub $10 written all over it.

Also, don't knock France. It's a great country. Be above the crappy propaganda of the US news and media and celebrate the country. It's not perfect, the French can be funny in their own way but overall they're good people from a lovely country. Take your American girl/wife/mistress to...

Don't give us that 'we (the US) freed Europe from Hitler rubbish'. Yes, you sure helped and no doubt were the muscle that the Euro Allies needed. But it was nothing but a business decision by the US and what a great investment for the country it turned out to be. If the US hadn't...

My bet is that they'll - BEAT BY A PENNY!

Not saying that sterling has hit a bottom or is going to rally but NEVER forget the old saying - "A market never looks as bad or as bearish as it does when it's on its low"

Er, you got that quote right? Should the word 'unusual' have been there? Got to love the bankers, continuing to piss over everyone even when they're bust :)

It's quiet possible for a Rembrandt or another piece by a Master to sell at a discount of 33% or even 50% down. All depends how much the previous owner paid for it. Anyone remember the last boom and bust in the art worlk when Alan Bond bought Sunflowers for a crazy price and then had to...

Words. Tony Blair used to use the words 'bold' and 'radical' and the phrase 'blue sky thinking' for about 8 years. Of course nothing bold, radical or blue sky ever happened. Blair was found out to be backed by nothing more than words and and gimmicky marketing slogans. Hope your...

Anyone else think that it's time to call time on all this 'history' talk and 'first African American President' etc etc. We've had 2-3 months of non stop drivel. So can we draw a line in the sand and stop all the nonsense and get down to business. I don't care ANYTHING about what Obama...

Any nonsense news to divert people's attention from the real news. Rumour has it that she's just got a tattoo done. Discuss........