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"Henry R. Heiczereder" <heicz@xxxxxxxxx> wrote:
> An interesting article came my way the other day. A M.D. stated that one
> cause of the current bull market is due to an increase in mood altering
> drugs being ingested by the populace in general. i.e. Prozac and other
> anti-depressants. Apparently they lessen the fear of danger and could
make
> certain people bolder etc. According to the article, one in four
investors
> is under the influence of these drugs. (the general U.S. population
> currently taking these drugs is estimated to be about 20 million)
Fundamental weakness in that argument is this: it doesn't require any
boldness at all to be long. Heck, it is an absolute "no brainer".
Now, shorting stocks, that takes bravado!
JB
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