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  1. #11
    Join Date
    May 2009
    Posts
    3,501

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    Quote Originally Posted by SammyS View Post
    The point is, the market is ALWAYS right no matter what anyone thinks, agrees or disagrees with. On a similar note.....

    "It doesn’t matter how beautiful your theory is, it doesn’t matter how smart you are. If it doesn’t agree with experiment, it’s wrong."

    Richard P. Feynman
    Wow, tell that to folks owning tech stocks [[https://en.wikipedia.org/wiki/Dot-com_bubble) when they crashed...

    or when stocks crashed on one day.

    I thought the theory of stock prices is that they will in the LONG RUN reflect the value of those stocks. However, at any given time [[day) the price of any stock may not reflect the true value of that stock.
    Last edited by emu steve; November-14-17 at 01:22 PM.

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