Quite the prescient page 1 article in WSJ today: Tech-Stock Surge Brings Back A Hint of the Late-1990s Frenzy.
The article was written before todays INTC news.
At the open, the market gapped up hard, only to give most of it back; The S&P went negative, by 10:30, the Dow gave most of its gains (its plus 12 as I type this). Nasdaq remains the strongest index.
Take at look at the chart from E.S. Browning’s article:
I’m reminded of a terrific quote from one of my favorite writers:
“Human beings, who are almost unique in having the ability to learn from the experience of others, are also remarkable for their apparent disinclination to do so.”
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.