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<p>[QUOTE=&quot;Cloudsweeper99, post: 1313158, member: 3011&quot;]A good way to learn what happens in a bubble is to look at the bubble in Nasdaq stocks in the 1990s.&nbsp; In 1996 it was pronounced a bubble, but the market continued to rise for nearly four more years with some stocks going to heights undreamt of.&nbsp; So in a sense, the people who held on longer were partly correct.&nbsp; And while it is true that those who sold in 1996 avoided the ultimate drop, ironically they might not have done any better than those who hung on too long.&nbsp; So it isn&#039;t easy to decide when to buy or sell.&nbsp; In the 90s I was one of the folks warning about the bubble, but afterward I was amazed at how much money some of those foolish folks made before they lost it all.&nbsp; So it&#039;s a good idea to recognize when a bubble is forming, but leaving the party too soon can be as bad as leaving too late.[/QUOTE]</p><p><br /></p>

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