We Got Ourselves A Full Blown Mania

I often get asked by younger traders what it was like to trade in the DotCom bubble. When I tell them stories about the madness that prevailed at the time, they shake their heads in disbelief about how stupid my generation could have been. They have difficulty understanding the mania that gripped investors. To them, it seems so obvious that stocks were preposterously over-valued, but let me assure you, fighting that tidal wave of buying was more difficult than Lindsay Lohan staying sober for her probation meetings.