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Posted By: davidcyceback

I remember hearing an economist saying that, when they see the stock market plunge, some general population people sell their stocks. Then when they see the stock market go back up with accompanying fan fair, they put their money back in. He noted that, of course, this is the opposite of you're supposed to do it.

A collector saying, "I'm not going to buy baseball cards until the prices go back up," is following the same logic as the investors.