Message:

<p>[QUOTE=&quot;RaceBannon, post: 1301873, member: 25357&quot;]I believe the contrarian point of view can be applied to just about any type of market, not only equities. It&#039;s really a commentary on human nature as much as anything. People tend to buy into hype and they love to follow the herd. This phenomenon explains why they line up at WalMart and trample each other at 5:00 in the morning on Black Friday to save a few bucks. It explains why people were buying houses they couldn&#039;t afford, and consequently bidding real estate through the roof in 2004-2006. It&#039;s why everyone including their cab-driver was buying tech stocks at their peak in 1999-2000. It&#039;s one of the reasons Gold has exploded in value in the last few years (we may have a ways to run on this one, but no sane person will deny we are in a bull market). Companies spend millions on advertising to leverage off the herd mentality.</p><p><br /></p><p><br /></p><p>If you can understand this dynamic, and postion yourself to sell what/when the herd is buying, and buy what/when the herd is selling, it makes it a lot easier for you to buy low and sell high and thus realize a profit. </p><p><br /></p><p>At this moment, it&#039;s much better to be selling these ASE 25th Anniv sets than buying them. Currently demand is far greater than supply. There will be a time after the hype, when demand will die down for these. My hunch is <i>that</i> might be a better time to buy a set if you don&#039;t already own one.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in