Quote Originally Posted by Packersoldkidney View Post
There are always 'fundamental' reasons why a bubble can keep on getting bigger - there was with tech stocks back in 2000, with housing in 2004/5, and probably with the tulip mania back in 1637. Every bubble provides reasons why it can keep on expanding. History, however, should tell you something different. Every cycle has its boom phase, and then it has its bust phase.

As J.M. Keynes said: "Markets can stay irrational longer than you can stay solvent".