Of course potash stocks are forming a bubble. So what, you don't...

Of course potash stocks are forming a bubble. So what, you don't have to be a genius to make that call.

Greenspan called a bubble in stocks and then the nasdaq doubled in the next year and a half before it crashed. Real estate experts called L.A. real estate a bubble in 2002 when my neighbor sold his house to book a huge profit. If he had waited 3 years he could have sold it for 75% more. Declaring tops and bottoms in hot markets is a mugs game only meant for commentators on CNBC who don't care about their long term reputation, their only interest is salvaging their own sinking book.