Bursting Bubble

[Cmvorce]

Say you are of the mindset that we are in a bubble that is about to burst relatively soon - say this summer. How long do you think it takes for values to balance out? Are we talking a massive decrease almost over night? Over the course of several months? A few years? What do you all think?

[irv]

Originally Posted by Cmvorce

Say you are of the mindset that we are in a bubble that is about to burst relatively soon - say this summer. How long do you think it takes for values to balance out? Are we talking a massive decrease almost over night? Over the course of several months? A few years? What do you all think?

This question about the bubble bursting and if I should sell or hold, etc, has been asked numerous times but truth be told, no one knows.

Like I said before there might be some in a year or 2 saying, damn, why did I sell so soon, and then there might be some saying, damn, why didn't I sell back then.

No one has a crystal ball, only opinions, so make your decision your decision if you think you can live with it?

[Stampsfan]

I ask myself the same question when I own a stock that's had a nice run up.

Truth is, you cannot time the market. My recollection of the last run up a few years ago was you started seeing auction results fall on 8's and 9's of 1955 Koufax and Clemente, for example. I think if and when it does happen, you notice it more on higher valued items where auction results can be easily tracked.

[dio]

Every few days there's another bubble post. If you really afraid it's going to pop. Just sell everything and don't look back

[brianp-beme]

Sell those late 80's cards now folks while you can...the price drop when the bubble bursts will be sharp and long lasting.

Brian (Here's a mostly ignored fact. Topps stopped including bubble gum in their packs starting with their 1991 issue).

[Johnny630]

This is just th start....hold on

[JohnnyKilroy]

Originally Posted by dio

Every few days there's another bubble post. If you really afraid it's going to pop. Just sell everything and don't look back

That’s usually an indicator. Same with news articles being posted about the card industry booming (which we’re starting to see more of). Obviously, like already stated, there’s no way to predict. Keep in mind, the more people that enter a market, the quicker it crashes when the time comes. However, there still could be tons of room to go as others have also stated. Which is why you see lots of back and forth.

If the bubble questions are starting to be asked.. it typically means that those asking are considering selling.. remember J.P. Morgan was famous for saying he made a fortune getting out too soon.