Investor Psychology Illustrated ~ market folly

Thursday, April 16, 2009

Investor Psychology Illustrated

We've posted this image up on the blog a long, long while ago, but we thought it would be quite relevant to post it up again. Without further ado, the rollercoaster that is Investor Psychology:

(click to enlarge)

Note that we aren't making a prediction as to where exactly we are in this cycle, since this graphic has limitations in terms of illustrating specific market circumstances. But, we've seen people argue that we are on the 'ascending' portion of this chart before. Only time will tell.

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