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Edited on Tue Aug-05-08 04:30 PM by TheWatcher
But the perception, for the time being, will be managed within the Sphere of the General Public. The talking heads will blare this from the rooftops tonight and gently lay most back on their pillows to return to the peaceful slumber of indifference.
Even if there is a big drop tomorrow or in the next couple of days, CNBC will happily chirp that it's Profit Taking, and that everything has never been better.
And sadly, for the most part, most will believe it. Or do everything to convince themselves it's true.
And The Band Will Play On, and the Ponzi Scheme will continue.
Until it doesn't.....
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