``Amazingly, the 2000 bubble and 2007 bubble echo have been eclipsed... each [such phase] has resulted in disaster for investors; we expect the same now.''

In other words, mania continues! I would suggest this time it is driven by artificial computer trading, which the banks and hedge funds love (until of course the next time there is a "flash crash" and they all rush for the exits at the same time).

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