People are still in a form of Bubble psychology... Can't blame them really.
Its become accepted behaviour over the past 30 years, that if "things" come down or pull back it must be a good time to buy into. Fine during a credit expansion but deadly in a credit contraction.
We just need to work through this mini "bailout bubble" phase before the herd reaches its "point of recognition" of true economic reality....
Last edited by cjd_a320; 10th Jul 2009 at 14:22.