Why did US stock markets experience such a bubble in the 1990s? Why did Greenspan 'allow' the bubble to occur? Why did investors appear to act irrationally and indulge in such vehement speculation? Why the euphoria?The overall health of the stock market is often gauged by the advancea decline line. ... Traders prefer the confidence of a broad market rally backed by heavy volumes a a sign of conviction that the market is in a sustained rally and not just anbsp;...
|Title||:||Booms, Bubbles, and Busts in US Stock Markets|
|Author||:||David L. Western|
|Publisher||:||Psychology Press - 2004|