Homepage
PR Newswire
09-05-2012, 09:58 AM
(This post was last modified: 09-05-2012, 09:59 AM by Curiousparty.)
Let me use an analogy...
I was on CTE going home last night. The billboard indicated that there was an accident on Lane 1, and this means that Lane 1 will be impassable at some stage.
But why are motorists still sticking to Lane 1? Why do they change over only during the last minute just before the accident location, causing undue congestion at that spot...
Well, people have to see the real thing before they believe it even though the sign has indicated so way before the accident. Lane 1 is usually faster and so they don’t bother until the very last minute, before the accident location, mad stampede to switch over to Lane 2...
The same can be said for stock market...
I was on CTE going home last night. The billboard indicated that there was an accident on Lane 1, and this means that Lane 1 will be impassable at some stage.
But why are motorists still sticking to Lane 1? Why do they change over only during the last minute just before the accident location, causing undue congestion at that spot...
Well, people have to see the real thing before they believe it even though the sign has indicated so way before the accident. Lane 1 is usually faster and so they don’t bother until the very last minute, before the accident location, mad stampede to switch over to Lane 2...
The same can be said for stock market...
[I am not here to promote any stocks. Please always do your own research before embarking on any investment decision. I will not be liable for any of your own decisions. Your use of any information or materials is entirely at your own risk. It is your responsibility to ensure that any products, services or information meet your specific requirements. I do not produce material which meets the objectives of any specific financial and risk profile of investors.]