Before You Backup the Truck
IKEA makes great commercials! My favourite is where the middle-aged couple are running out the exit with their goods, while the lady is yelling to her husband “get the car, get the car!” She’s gotten such a good deal at IKEA she is just beside herself with frenzy, because she can’t believe it’s true. Investors also realize the stock market is a bargain, after two days of massive declines. They are also bargain hunting with frenzy. And that’s a good thing. Other investors may be frozen in fear, or even worse selling their equities. It’s the smart ones who swoop …