Monday, August 19, 2002

Members of the press who hyped the New Economy and soaring share prices come under fire in The Guardian. Bull market pyschology is an interesting thing -- at the time the Nasdaq was over 5,000 I was reading 'A Random Walk on Wall Street' which in painstaking detail listed all other stock price bubbles. I knew that this was another one, but that didn't stop me losing a few hundred pounds on investing in internet shares.