I will add another point to that.
The media is there to sell.
If they are publishing articles that are not in harmony with the majority their materials do not sell (Comes back to people searching for other opinions to back their own sentiment).
And thus why the media will always lead you astray at critical points, if everyone is bullish its quite sometime before the bullish media circus leaves the scene after the peak is in.
We send newsletters out at work, a article in it recently was on the property market (bullish). We had people calling up saying how great it was to read something bullish after all the "gloom" recently.
Of course I just sit their stunned at the irony/stupidity to this.
Unfortunately these people are really more concerned about been kissed and cuddled then been right. They lack the nerve to admit that they could be wrong. They don’t want to work in with the system, they want the system to work for them and it will not happen.
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I will add another point to that.The media is there to sell.If...
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