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It's Never 'Different this Time' in the Stock Market

"It's different this time," is a phrase heard all too often in the stock market. You may hear it associated with a bull or bear market or a new investment strategy guaranteed never to fail. Whenever you hear it, you are wise to ignore it.

Further reading

Ken's Stocks Blog

Muni Bond Market Survives Challenge

Wednesday May 21, 2008
UPDATE: The U.S. Supreme Court has ruled that states can retain the current system that allows exemption from state income tax of income from certain municipal bonds.

Following the Stock Market Herd Often Wrong Decision

Monday May 19, 2008
Momentum in the stock market is a powerful force, however it is often reflective of emotions more than logic.

The evidence for this is played out every time the market experiences rapid growth or decline.

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